JSE clears Redefine in R10bn portfolio battle
Redefine Properties said on Friday it had received confirmation from the JSE that the bourse had found no breaches of its listing requirements in relation to the battle for Fountainhead Property Trust’s portfolio.
Work cut out for SAPOA president
Moving SA’s multibillion rand commercial property industry out of the jurisdiction of the troublesome public works department to trade and industry will be one of Estienne de Klerk’s top priorities.
Commercial property sector to challenge skills levy grant cuts
The South African Property Owners Association (SAPOA) today announced it has a serious concern with government’s amendments to the SETA Grant Regulations.
Sale of state properties could double listed property sector
THE state’s sale of nonstrategic properties could more than double the size of South Africa’s listed property sector and see transformation in the industry significantly accelerated.
Carbon tax a burden to commercial property
Johannesburg ranks among Top 20 global emerging property investment hot spots
Estienne de Klerk is new SAPOA President
With his wealth of experience in the property and banking sector, new SAPOA President Estienne de Klerk is set to lead the representative body with a keen focus and passion for the property sector.
Call to extend REITs regime to unlisted property sector
THE South African Property Owners Association (Sapoa) is lobbying to see that the favourable tax dispensations of the newly launched real estate investment trust (Reit) structure are extended to unlisted property players.
Commercial property headed for price correction?
Although commercial property pundits do not expect a crash in the sector following the industry’s strong run‚ some form of a correction could occur given a bond market that is unlikely to strengthen further.
Tax benefits in new SA REIT structures
IN A move to bring South Africa’s listed property sector in line with international standards, simplify tax handling and enhance governance, investors have been able to put money into real estate investment trusts (REITs) on the JSE since May 1.
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