Concurrent claims are those not secured or preferent when tenants are placed into liquidation or sequestration.

A 4 500sq m lifestyle design centre will form an important retail part of the new R60-million Michelangelo Towers development.

n Malls in the Cape's Tygerberg area will face stiff competition with the proposed development of two centres in Brackenfell and Paarl.

The initial response to Sandton's efforts to compete head-on with Dubai and Singapore for Africa's shopping tourists was 'very favourable'.

In the coming week Corpcapital's board meets representatives of Old Mutual Asset Managers to discuss the structure of an independent review of Corpcapital's corporate governance.

CAPE TOWN Property loan stock company Fairvest Property Holdings has made a long-awaited offer for all the properties owned by Bonatla Property Holdings.

Luxury products giant LVMH, which is a barometer for the global retail industry, yesterday put some glamour in the economic gloom, with strong sales and operating profit, and forecasts of more growth.

THE new R8 million conference centre at Club Mykonos should contribute significantly to the group's profits and will enhance the value of property in the area.

SPEARHEAD Property Holdings' reputation for being able to achieve speedy take-ups on their premises has been confirmed by their leasing division's recent performance on the former Siltek Park.

Prime property in Observatory to be redeveloped into arcade WITH the move of the Observatory Spar in Station Road to the adjacent building.