Oryx Properties reported earnings per linked unit of 143.34 cents for the year ended June 2009, from 128.13 cents a year ago.

Alliance Group has hosted its monthly auction at Cape Town’s One&Only resort, offering a plush location for properties warranting five-star treatment.

Ambit Properties will delist from the JSE today after its approved bid to merge with listed property loan stock company ApexHi Properties by the Competition Commission.

Lew Geffen and a group of associates this week launched their own auction house.

A new Industrial Vacancy Report has been brought out by Sapoa covering the major industrial nodes of South Africa and shows that the vacancy rate is on average under 3 percent

Demand for industrial property has increased dramatically in recent times on the back of a buoyant economy. The tremendous shortage of factories and warehouses, old or new, has led to rising land prices and rentals unlike anything seen for many years

The ClareMart Auction Group this month will auction industrial properties in Paarden Island, Montague Gardens and Maitland in the Cape Peninsula.

“DEMAND for industrial-zoned properties is fuelled by developers and investors who are competing to satisfy growing tenant demand,” says William Amerseder of Alliance Group.

“Industrial property was the great boom of 2006-07, leaving industrial rentals at the highest they have ever been,” says Eli Unterslak of Alliance Group.

The revival of Johannesburg’s inner city has seen an escalation in the value of property, making it more difficult for government and non profit organisations to provide much needed social housing for low-income earners.