For many investors, Growthpoint is a good proxy for the property sector. It is in the Alsi 40, with a R26bn market cap. It has a similar split to the overall property market, with 42% in offices, 36% in retail and 22% in industrial property. In the year to June, however, the increase in Growthpoint’s distribution (dividend) was below the listed property sector’s at 5,8%.
Capital Property Fund has posted a solid set of results for the 6 months to June, plans to become a specialised commercial and industrial fund.
At 11am on July 13 at the One On One Conference Centre, Gateway, in Durban, Auction Alliance will auction a 15.3ha piece of land next to a lagoon in Lagoon Drive.
The expenditure on new stadiums may not have been wasted if it helps to persuade the world that 'Africa is open for business'.
AN INDUSTRIAL park of more than 6000ha, featuring more than 30500m² of lettable area, will be auctioned by MC du Toit of Colliers International at its next multi-property disposal.
Having successfully completed two significant projects in Durban linked to the 2010 FIFA World Cup, contractor Grinaker-LTA reports that it is proud of the role it played in the "Sunshine City's" preparations for this historic event
Spire Property Management recently secured a mandate to manage the national portfolio of Pick ‘n Pay owned retail properties.
A high-speed railway link between Johannesburg and Durban should already have been among the top items on the government’s transport infrastructure priority list?

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