Hawks are investigating Eastern Cape Human Settlements officials and two contractors for allegedly defrauding the department of millions of rands.

New shopping centres: are we building too big too soon?

Friday, 15 August 2014 08:38

Public Works loses millions in rentals

Eastern Cape Roads and Public Works Department lose millions in the past two decades over the non-payment of rentals at 25 government-owned houses across the province.

Nedbank shows confidence in Eastern Cape economy with funding of two vehicle showrooms

Rebosis Property Fund reports a 9.0% rise in its distribution per linked unit to 48.5c for the six months ended February 2014 from 44.5c in the year-earlier period. 

Building on their extensive involvement in the development of the Eastern Cape's property industry, Nedbank Corporate Property Finance has finalised a R17 million loan with development company, Vargalor (Pty) Ltd, which will help fund a new convenience shopping centre in Lorraine, Port Elizabeth.

Refurbishments and upgrades enhance property values, reduce vacancies

Property owners, landlords and investors in the commercial sector will probably not be surprised that the numbers for Q4 of 2013 indicate a drop-off in rent paid on time and in full.

The long-standing relationship between Nedbank Corporate Property Finance and leading SA property development and investment group, Billion Group, is once again delivering economic development opportunities in the Eastern Cape.

Nelson Mandela Metropolitan University's new R116m Business School is the first in South Africa to receive official "green" design rating accreditation for a public and education building from the Green Building Council of South Africa (GBCSA).

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