Rand, Coega chip away at Concor results
Cash generated drops 65% to R10,8m
Pangbourne Properties distributions up R7m
LISTED property loan-stock company Pangbourne Properties said on Friday that the acquisition of a R439m property portfolio from Strupot Property Investments would increase its distributable earnings to unitholders by about R7m for the period from October to next June.
Robust growth in retail portfolio boosts Sycom earnings
LISTED property unit trust Sycom Property Fund, one of the largest listed property funds, has reported distributable earnings for the year to March of 107,02c a unit
Concor squeezed as spending falls
Construction group Concor reported a marginal drop in its half-year earnings and expects profits to be marginally down for the full year.
Slowdown in Mozambique hits Concor
Construction group is pinning its hopes on Coega and similar developments
Murray and Roberts results solid
TOUGH conditions in the construction market were expected to catch up with SA's second largest construction group Murray & Roberts in the current financial year.
Concor confident it will help build Coega smelter.
Construction firm Concor expects to be awarded work on the world's most advanced aluminium smelter if French firm Pechiney gives the green light for the plant to be built at Coega.
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