Oct 05, 2010
Company Announcement: Broll sells prime investment properties in Cape TownBack
Cape Town|Broll Property Group|Road
Attached please find a press release on: In a market frustrated by limited transactional activity, two prime investment properties in Cape Town have been sold by leading South African property company, Broll Property Group.
43 Bloulelie Crescent in Plattekloof and 5 Ravenscraig Road in Woodstock were sold for R13.5 million and R33.75 million respectively by Broll Property Group part of the CB Richard Ellis Network.
Edited by: Creamer Media ReporterComment Guidelines
Other Announcements News
Updated 37 minutes ago Oilfield service company delivers drilling information to remote users via the cloud to increase productivity and enhance safety. Our company was founded in December 1964 as Midwest Well Logging, and in November 2006 was purchased by a private investment group and...
Updated 41 minutes ago Unisys Corporation today announced that Bytes Technology Group, a subsidiary of South Africa-based Altron and the largest IT services provider on the African continent, has chosen the Edge Service Management by Unisys solution to provide timely, cost-effective IT...
Updated 45 minutes ago International Container Terminal Services, Inc. successfully closed and signed today an inaugural Loan Facility Programme (the Programme) and a USD350 million syndicated revolving credit facility (the Revolving Facility) with a large group of international and...
Updated 45 minutes ago A 50% cut in mobile termination rates (MTRs) implemented by the Independent Communications Authority of South Africa (Icasa) in April has dragged down telecommunications group Vodacom’s service revenue for the three months ended June 30. The group on Thursday...
Recent Research Reports
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
Real Economy Insight: Steel 2014 (PDF Report)
This four-page brief covers key developments in the steel industry over the past 12 months. It provides an overview of the global and South African steel and stainless steel markets, South Africa’s major steel producers and events that have shaped these markets.
This Week's Magazine
Local aerospace company Denel Aerostructures (DAe), part of the State-owned Denel Group, has won a fourth contract to manufacture parts for the Airbus A400M military air transport and air-to-air refuelling aircraft. The new contract, which was won in an international...
Although CEO Mark McChlery and chief marketing officer Bob Skinstad likened themselves to children in a playground when taking on the task of “reengineering and repositioning” the Seartec brand, the “young, dynamic and enthusiastic guys” were like proud...
An increasing number of buyers, in both the new and used car markets, are opting for finance structures that lower their monthly repayments, says asset financing company WesBank. These include the use of large balloon payments (also known as residuals), as well as...
Tertiary education institutions can use search engine giant Google’s Chromebook to provide secure mobile end-point devices for students on which they can share documents, work collaboratively on documents and access education materials and applications being used...
Local ceiling and partition company Abbeycon has beaten global competition at the Saint-Gobain Gypsum International Trophy competition, which was held last month in Berlin, Germany.