Friday, 03 September 2010 02:00

Bouncing off the bottom

 

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%.

 

Fitch Ratings has on Monday affirmed Redefine Properties national secured debt rating at 'A-(zaf)'.

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.

Sunday, 11 July 2010 02:00

Coming up

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.

Monday, 12 July 2010 02:00

New stadiums will leave a legacy

The expenditure on new stadiums may not have been wasted if it helps to persuade the world that 'Africa is open for business'.

Friday, 18 June 2010 02:00

Industrial park comes up for sale

 

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.

Friday, 16 April 2010 02:00

Going nowhere fast

Line capacity has not been the problem

Thursday, 15 April 2010 02:00

Rail link overdue

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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