One of the biggest problems facing the South African construction industry is a 'massive' shortage of labour skills

Listed property loan stock company Pangbourne Properties, which has been on the acquisition trail recently, said last week it would buy the Crescent Retail Centre in Umhlanga Rocks for R176,1m in cash.

For companies involved in the design and construction of airports, there are planned projects and new investments to upgrade airports in the region

Construction analyst Llewellyn Lewis has long preached that 'something enormous is happening to the building and construction industry'

Futuregrowth has a further 10 centres in the pipeline.

Property investment company Marshalls reports a rise in its headline earnings per share for the year to end-December 2004 to 12.5 cents from 5.3 cents in 2003

Most of the 11 listed property funds and companies that reported interim and year-end results last month recorded solid distribution growth to their unitholders.

MD gives retail portfolio the credit.

Growpoint Properties, yesterday reported a 6% surge in distributions for the six months to December

Acsa said yesterday it was likely to exceed its planned five-year infrastructure development budget of R3,6bn and was in discussions with its shareholders to seek additional funds