Real Estate Investment Trust (REIT) regime is set to usher in a new era for the listed property sector by affording certain tax advantages to qualifying entities and providing certainty in respect of the tax treatment of property loan stock companies.

Pinnacle Point Group cannot raise funds to develop its Lagos Keys project in Nigeria, whose value is estimated to be R398m

Financially troubled property company Pinnacle Point Group will have its Lagos Keys project in Nigeria, terminated as it cannot raise funds to develop the venture.