WITH demand for commercial property investments at a high, Pam Golding Commercial, a division of residential real-estate giant Pam Golding Properties, has entered the auctions market.

South Africa's State-owned Industrial Development Corporation (IDC) said yesterday that it would take a 15% stake in the planned 660 000-t aluminium smelter at Coega, in the Eastern Cape.

The construction of a new shopping centre in a prime area in the heart of Knysna's CBD has been delayed after oil contamination was found on the land

JPC request for proposal

Metboard intends to expand its portfolio by actively seeking industrial clients that wish to grow and that require a focused and established property fund to assist them in meeting their property needs.

Listed property loan stock company's takeover bid for competitor SA Retail Properties is an attractive offer for unit holders.

DEVELOPERS were up in arms this week after the Johannesburg office of the South African Revenue Services (SARS) allegedly refused to grant transfer duty receipts to property buyers whose tax affairs were not in order.

Listed property loan stock company Pangbourne Properties, which has been on the acquisition trail recently, said last week it would buy the Crescent Retail Centre in Umhlanga Rocks for R176,1m in cash.

UK's third biggest property group has concluded a deal that will see it acquiring a stake in two additional prime UK shopping centres.

In the light of recent electricity outages in Johannesburg, City Power and the City of Joburg will spend R400 million to improve electrical infrastructure.