AltX listed, Brikor Limited a manufacturer and supplier of building and construction materials which also mines clay and coal through its wholly owned subsidiary Ilangabi Investments 12 was in provisional liquidation just four years ago.

Tuesday, 02 October 2018 09:23

In property, we trust

Financially speaking, the notion of a trust tends to have connotations to wealth and independence (trust fund children?!) but when it comes to property and trusts, it is useful to know your trust benefits from your tax law in order to determine if this is a viable route for protecting your asset and optimising your money.

The Master Builders Association (MBA) North says that the continuing trend of main contractors delaying payment of their sub-contractors – or defaulting altogether – is a symptom of the deteriorating health of the construction industry.

A major dairy processing plant has recently been liquidated in South Africa. 

The land included in the sale is the land on either side of the existing apartment block. There are further development rights in place for another 80 units. 

KwaZulu Natal’s leading asset sales and property auction house, In2assets will be submitting a versatile commercial property in the heart of the Gateway Precinct to the auction floor on the 25 September 2013. 

ABSA will on Wednesday hear whether its acquisition of a "landmark" development in Cape Town, that includes the upmarket 15 on Orange Hotel, will be approved by competition authorities.

Sanyati Properties Ten'S 24 sectional title units in Hillcrest auctioned for R25m.

In2assets will be hosting a liquidation auction of 24 mini factories located in Fischer Park Hillcrest on instruction of the Liquidators of Sanyati Properties

While the liquidation will lead to the winding up of the company, a long list of other court processes and investigations are trying to get to the bottom of the mess

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