Recycling capital to enhance earnings for its investors, Emira has disposed of three buildings for a combined R476 million – representing a forward yield of 6.4% and a total premium to book value of 47.4%.

The Johannesburg Social Housing Company (JOSHCO) has begun work on a housing development valued at R200 million in Dobsonville, Extension 2, Soweto to be completed by June 2016.

Business Partners launched two specialised small and medium enterprise (SME) Funds for the property sector, namely a Property and Property Joint Venture Fund, both aimed at driving property ownership and enabling entrepreneurs to grow their equity base.

Iconic 17-Floor Post-Modernist Building Becomes Luxury Residential Tower, Hotel and Retail Space

This month, at noon on Thursday 26 March 2015, the newly formed Broll Auctions and Sales will hold its first multiple property auction at The Wanders Club in Illovo, Johannesburg.

Johannesburg Social Housing Company (Joshco) has converted Europa House at 32 Plein Street, from a ten storey office block into 168 communal rooms with shared bathrooms and kitchens at a cost of R10 million.

Aucor Property will hold its next multiple commercial auction in Johannesburg for 2015 at the Park Hyatt Hotel in Rosebank on the 17^th of March 2015 at 12h00.

Bringing around 850 people from its various businesses under one roof, Excellerate Property Services is consolidating into new Johannesburg headquarters.

The official opening of the multi-billion rand Steyn City Lifestyle Resort, north of Fourways in Johannesburg, heralds a new era in South African property circles with the 2 000 acre project representing Africa’s largest residential development to date.

This month, 25 March 2015 the global spotlight falls on opportunities and potential for Africa’s built environment as the Royal Institution of Chartered Surveyors (RICS) holds its 2015 Africa Summit in Johannesburg, South Africa.