The Texton Board today received communication from the Public Investment Corporation (PIC) relating to the funding granted by GEPF to BEE SPV and the Put Option which was granted to GEPF by Texton.

The 4^th South African Women in Property Awards (SAWIPA) hosted their Gauteng Regional Awards at the Sanlam Art Gallery on the 22^nd August 2018, where members of the Women’s Property Network (WPN) and women in the property industry were in attendance.

Heartwood Properties, born out of a successful joint venture between Gauteng property developers, Brydens Group and Montagu Property Group, is the first property company to list on the new 4 Africa Exchange (4AX).

With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Sky City Precinct, a R10 billion retail and residential development including schools, is currently underway 35km south east of Johannesburg.

Sandton is seen as South Africa’s most important business and financial hub.

Growthpoint Properties has renewed four leases with Scania, extending its relationship with the global company that offers sales of trucks, buses, and services in more than 100 countries.

Accelerate Property Fund, the JSE listed REIT invested significantly in the growth and development of Johannesburg’s Fourways node, has announced its results for the year to 31 March 2018, reflecting a 57,56 cents per share distribution for the year, in line with guidance. 

On Tuesday the 8th of May the GBCSA held a launch event at their new Johannesburg offices, Rosebank Corner, 191 Jan Smuts Avenue.

MMQSMace, Mace’s joint venture cost consultancy business in South Africa, has been appointed as quantity surveyors for three aviation projects worth more than $70m by Airports Company South Africa (ACSA).