In his recent State of the Nation Address, president Jacob Zuma said, “In 2012 we unveiled the National Infrastructure Plan, led by the President through the Presidential Infrastructure Coordinating Commission.
Black-controlled Rebosis Property Fund and Delta Property Fund have put their respective take-over bids for Ascension Properties on hold to avert a protracted bidding war for Ascension's lucrative R3.2bn portfolio of government-tenanted offices.
South African government is to embark on the second phase of its land audit, aimed at identifying who owns the 79% of privately owned land, including their nationality and their demographic profile.
South Africans who have in recent years bought holiday pads in Mauritius, typically with price tags exceeding R10m, have been handsomely rewarded on the capital growth front.
Surprise claims that Ascension has signed agreements to sell its management company simultaneously to Rebosis and Delta‚ unbeknown to the other party stuns property analysts.
Sale of the Heartland property by AECI to Chinese property developer Shanghai Zendai has been approved by the Competition Commission, but with a condition.
Move to bring civil claims against construction firms which last year paid a collective R1.46bn fine for bid-rigging and collusion is gaining momentum.
South Africans with property in the UK will in future be liable for capital gains tax there once they sell their property.
Mala Mala private game reserve will get new owners when President Jacob Zuma hands over the 13.184ha of land and title deeds to the community today.
Commercial property lending is critical to stimulating the development of infrastructure in South Africa, one of the key pillars in the National Development Plan (NDP).

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