FREETOWN - Sierra Leone President Ernest Koroma on Friday announced plans to build a new city and give the country's airport a makeover to further lure investors to the west African nation.

As the “coal capital” of South Africa, the city of Emalahleni in Mpumalanga is the new "power house" of the region.

Fountainhead is continuing its strategy of buying quality retail assets in strong retail nodes, announcing that it has reached an agreement to acquire Access Park, in Cape Town.

Vukile Property Fund announced on Monday that its distributions for the six months ended September 2010 increased by 7.5% to 50.525 cents from 47 cents a year ago.

A Pietersburg industrial property will go under the gavel in Sandton on November 24

Aucor’s next multi-property commercial auction will feature an array of properties suitable for the investor or for owners wishing to expand their portfolio, and with some exceptional development opportunities

In addition to a number of feature CBD properties on offer, an array of commercial, industrial, retail and residential property will also come under the hammer on the day

The Dongane Holiday Resort and Golf Estate in the Inhambane province, 430km north of Maputo, otherwise known as The Old White House, is a longstanding landmark, with a local Mozambican theme.

The hammer will fall on a large site belonging to British American Tobacco in the Boland town of Paarl next month.

RETAIL centres in Makhado (Louis Trichardt) took top honours at the Auction Alliance property sale on Wednesday, with the 40 lots under the hammer fetching good prices.