Building a R1.4bn precinct in Freedom Park, Pretoria, will save the state more than R85m a year in rent once government departments move into their new accommodation in June 2016.

Wednesday, 27 August 2014 12:01

Government pumps R100m into tourism industry

Government will spend R100 million to market South Africa's tourism industry, Tourism Minister Derek Hanekom announced on Tuesday.

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.

Friday, 15 August 2014 08:15

Foreign inflows for affordable housing

Foreign investment into International Housing Solutions' second private equity fund which will create over 20 000 new homes in a major boost to affordable housing in SA .

Wednesday, 13 August 2014 09:14

Gauteng may aid small firms with property

Gauteng provincial government identifies more than 37,000 properties, many of which it is looking to offer to township businesses.

Multi-purpose Chatty centre is set to emerge from a pothole-filled dirt road in Port Elizabeth, with residents, council officials, architects and builders attended a ceremony.

The planning phase of residential building activity in the South African market for new housing, as reflected by the number of building plans approved by local government authorities, recorded relatively strong growth in the first five months of 2014 April 2014 compared with the corresponding period last year.

Owners of properties earmarked for acquisition by the state could find themselves pinned firmly in a corner when it comes to negotiating market-value prices.

Limpopo Premier Stanley Mathabatha has set a target to grow the provincial economy by 5% by 2019.

Nakheel, the real estate giant at the heart of Dubai's financial crisis will pay off all its bank debt of USD2.15bn ahead of schedule.

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