Redefine Properties Limited has concluded an agreement with Coronation Asset Management to acquire an additional 19,7-million units in Hyprop Investments Limited and is now canvassing minority shareholders

Demand for commercial and industrial property in the Lowed capital Nelspruit has remained strong in spite of the recession.

Avile Row Auctions’ property sale at the end of this month at Summer Place in Hyde Park will bring a strong commercial property portfolio to the market, with properties on the East and West Rand going under the hammer.

Property loan stock group Fortress Income Fund listed on the main board of the JSE today

Leading South African retail broking company Broll is making a successful foray into other African countries – flexing its reach and expertise in negotiating retail leases, helping new shopping centres with their tenant requirements and maximising the ongoing performance of these centres

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

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.

Alliance Group will be bringing two well situated commercial properties to the auction floor on July 15.

Eight-figure bids were received for a hotel in Hout Bay at the Aucor property auction in Sandton, when 11 lots came under the hammer.

Finance Minister Trevor Manuel’s allocation of an additional R13,2-bilion to the social grants programme bodes well for ApexHi Properties Limited’s one million square meter retail portfolio