Abland, one of South Africa’s leading property developers for over 30 years, together with its partners; Giflo Developments and SOM have commenced work on a new mixed-use precinct called Irene Boulevard in the heart of Irene, South of Pretoria.

Globally, people are prepared to pay a premium for properties in suburbs that have good schools, says Gareth Bailey, Pam Golding Properties area principal for Durban Coastal.

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

Growthpoint Properties and Investec Asset Management, in partnership with the International Finance Corporation (IFC), have announced the commencement of operations of their pan-African real estate investment business, Growthpoint Investec African Properties (GIAP), which is managed by Growthpoint Investec African Property Management.  

Shareholders are advised that MAS, through a wholly-owned subsidiary, MAS (IOM) Holdings Limited, has concluded a sale and purchase agreement (“SPA”) to acquire from New Uberior House Holding Limited.

In line with the group’s strategy of investing across the broader European market shareholders are advised that MAS has through a subsidiary of PKM Investments S.á.r.l., entered into a sale and purchase agreement (the “SPA”) to acquire from MD CE Holdings Limited and Atrium Turkey Samsun B.V.

The year began with renewed confidence across all sectors of the financial and property markets.

The completion of the R360 million Admin Craft Basin (ACB) in the Port of Ngqura has opened up opportunities for revenue growth in this young developing port. The new structure will be home to the port’s three tugs and one pilot boat soon, freeing up Berth C101, which was designed to handle revenue generating vessels.

“Fall asleep with a dream and wake up with a purpose,” is the motto of general manager of East Coast Radio, Boni Mchunu.

JSE listed diversified property REIT (JSE:TEX), Texton Property Fund Limited (“Texton”), is pleased to announce the appointment of James Armstrong as a Senior Asset Manager overseeing Texton’s assets in the United Kingdom (“UK”) effective 1 May 2018.