The Public Investment Corporation (PIC) has concluded the purchase agreement to acquire 100% of the leasehold rights building on prime location in Waterfall, Midrand.

Wednesday, 23 September 2020 23:00

Iconic Sandton building given a facelift

Since 2016 the City of Johannesburg has embarked on an ambitious programme to renovate its iconic but dilapidated buildings throughout its suburbs, and while the 3 Alice Lane building was renovated by its owner, it continued this familiar trend of restoring older buildings in the City. 

Following various announcements made by Edcon over recent months in relation to the recapitalisation of the business, the Group has advanced the process sufficiently to provide a further update to all stakeholders. 

Grit Real Estate Income Group (formerly Mara Delta), the only income group focused on real estate in Africa (excluding South Africa) and listed on the Stock Exchange of Mauritius and the JSE, today announced the successful conclusion of a related party empowerment transaction.

The construction of Tshwane Regional Mall in Mamelodi is progressing beyond expectation.

Tuesday, 13 December 2016 11:26

Tighter leasing plan to save state 20%

Department of Public Works starts renegotiating its leases with PIC as part of the government's drive to effect R25bn in savings over the medium term.

New Europe Property Investment is a story is now synonymous with robust growth.

The Public Investment Corporation (PIC) and Isibonelo Property Services (Isibonelo) have entered into a co-ownership and funding agreement for the Tshwane Regional Mall (TRM). 

Pareto announced the established a new property management company - Mowana Properties - to manage both its own directly held property assets as well as that of the Public Investment Corporation (PIC), together valued at around R30 billion.

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