A Dubai court has sentences Zack Shahin, a former CEO of Emirati property firm Deyaar, an American-Lebanese businessman to 15 years in prison over fraud.

It all depends on where you are in life, according to Paul Stevens, CEO of Just Property, who says that making the correct choice is entirely dependent on ones stage of life, financial situation and personal circumstances.

Apart from isolated cases where foreign buyers purchase local residential property they perceive as bargains, South Africa is not seeing a flood of foreign buyers despite the weak Rand.

Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced robust results for the financial year ending 29 February 2016, delivering against its pre-listing forecasts.

The tight conditions in the property market at the moment represent some excellent opportunities for investors with a medium to long-term outlook.

The Pivotal Fund Limited (‘Pivotal’), a development focused investment fund, today reported strong growth for the financial year ended 29 February 2016 with a 23.91% increase in net asset value per share to R22.80, excluding deferred tax.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, today announced a watershed R6 billion transaction that will substantially increase the Group’s exposure to high-quality retail assets and significantly bolster its scale and liquidity.

Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced an outstanding first set of financial results as a JSE listed company. 

In May 2014, the accounting standards setting authorities released IFRS 15 Revenue from Contracts with Customers (IFRS 15) - a new standard on revenue recognition which is effective for periods beginning on or after 1 January 2018.

Delta Property Fund (“Delta” or “the Fund”), a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported solid results for the financial year ended 29 February 2016.