Wednesday, 20 April 2016 16:43

Steps to grow Ekurhuleni's economy

Ekurhuleni Executive Mayor Mondli Gungubele on Wednesday outlined bold steps to grow the economy of the City and create jobs.

Specialist logistics property developer and landlord, Equites Property Fund Limited, today announced that the company anticipates the distribution per share for the year ended 29 February 2016 to be between 95 and 97 cents per share, which is between 55.1% and 58.3% higher than the 61.26 cents per share reported in the annual results for the year ended 28 February 2015.

Answering the demand for smaller industrial sites, property group JT Ross has released a basket of sub divided plots in Durban’s landmark development, Cornubia.

Profica delivers first phase of York Commercial Park in Zambia.

Redefine Properties is now the majority shareholder of Brackengate 2, one of the most valuable tracts of land for commercial use in the Western Cape.

Fortress Income Fund's development plans are given a boost as it raises R1.3bn in an oversubscribed accelerated bookbuild.

Atterbury will develop a R850 million industrial and business park on the prime site it has acquired in Gosforth Park, Germiston, in Ekurhuleni.

Ivan Šantorić, Executive Director of Retail and Logistics in Konzum participated at the 7th  Croatian retail forum focused on new technologies and trends in retail, so naturally online shopping was one of the key topics.

Construction of the R3,5 billion Clairwood Logistics Park will begin within the first quarter of 2016, creating much needed employment and business opportunities within the South Durban Basin.

Actis, a leading pan-emerging market investor with $7,6 billion assets under management, today announced the acquisition of a significant minority stake in Coricraft Group, one of South Africa’s leading home furnishings retailers.

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