CITY OF OPPORTUNITY: Bloemfontein, seen from the air. The Mangaung Local Municipality plans to accelerate development of the city and surrounding areas by creating infrastructure and easing such formalities as zoning requirements

With three different property groups competing for the chance to build East London’s regional shopping centre, Buffalo City’s development planning department says it favours a site that is centrally located.

Oryx Properties has said that its distributions for the year to June had surged 11% to 78c a linked unit.

SA Retail Properties Ltd is set to make its first investment in Limpopo – the R86 million Hubyeni Shopping Centre opening next April in Elim, a town 13km south east of Makhado (formerly Louis Trichardt).

The problem is that most South African companies are cautious about investing in other parts of Africa.

UK government-backed fund aims to invest in office and retail properties in sub-Saharan Africa Property Correspondent.

Listed property loan stock firm Paramount Property Fund (Paraprop) announced yesterday it was to acquire two properties worth more than R200m.

 Old Mutual Property Group not to list prime retail assets.

Hyprop Investments has adjourned its general meetings called to vote on the company's takeover bid for rival property fund SA Retail

THE first phase of a R140m retail centre called The Crossing in Mafikeng, North West, has been officially launched, say developers McCreedy Friedlander.