WHAT effect is the war in Iraq having on the Cape property market? So far the only effect is a stronger preference for Cape property, particularly if compared to properties in Europe and the United Kingdom, says chairman of the Rawson Property Group Bill Rawson.

The low-down on money laundering.

ALLEN Usher, the MD of Golf Resorts International, has paid tribute to Investec and Rabie Property Projects for the professional and understanding way in which they have handled the Atlantic Beach Golf Estate development.

CAPRICORN Business and Technology Park in Muizenberg is providing impetus to Western Cape industrial property sales and development with six new industrial deals and a growing retail aspect drawing top brand names to its site.

Gateway Theatre of Shopping, the retail, leisure and entertainment complex which opened as a focal point of Umhlanga in September 2001, has won an international design and development merit award from the International Council of Shopping Centres.

Despite steady economic growth, property returns in South Africa last year fell to 9,5% from 10,6% in 2001, according to figures just released by the South African Property Index (Sapix) and Investment Property Databank(IPD).

The Competition Appeal Court will hear the case of Old Mutual Properties Ltd vs Avalon Group on Friday, in which Old Mutual Properties, a subsidiary of listed financial services giant Old Mutual, is seeking to set aside two procedural decisions of the Competition Tribunal.

Sunningdale Estate, the historic Kenilworth home, which was the first designed by Herbert Baker in South Africa, has changed hands for a record sum for upper Kenilworth.

Shoprite Checkers Properties is to undertake a R25m retail development in Khayelitsha, a black township outside Cape Town.

An overwhelming majority of shareholders in London-based property group re-elect Donald Gordon as the group's chairman.