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Topic - Property
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Sep 10, 2014
The development of the R84-billion Modderfontein New City by Hong Kong-listed property development group Shanghai Zendai will be driven by the twin needs for access to information technology (IT) and viable integrated public transport systems, creating what Zendai...
Aug 22, 2014
JSE-listed property group Redefine Properties on Friday said its acquisition of all the assets and the property portfolio of Fountainhead Property Trust, had not been approved by the requisite majority of Fountainhead unitholders and would, therefore, not be...
Aug 22, 2014
MODDERFONTEIN NEW CITY Modderfontein New City will aim to exemplify an integrated city node and improve infrastructure utilisation through mixed-use spaces
The multibillion-rand development of the Zendai Modderfontein New City, east of Johannesburg, will aim to exemplify an integrated city node, says property group Zendai South Africa COO Wenhui Du. The development will focus on the Modderfontein Gautrain station to be...
Aug 12, 2014
JSE-listed property group Redefine Properties has concluded an agreement to buy the rental enterprises within the property portfolio of Macsteel Coreprop and Macsteel Genprop, which stretch across South Africa, upping its industrial property portfolio to about...
Jul 28, 2014
Already home to the No 1 and No 2 Silo developments, the final phase of the Cape Town-based V&A Waterfront’s Silo district – which would see the addition of the No 3, No 4, No 5 and No 6 Silo projects – was on track for an early 2017 completion, after receiving a...
Jun 05, 2014
Marc Wainer
JSE-listed property group Redefine Properties has received unconditional approval from the Competition Commission to conclude its acquisition of Annuity Properties, as well as Annuity’s asset and property management companies. Annuity unitholders also gave their...
May 26, 2014
Property group Vukile planned to start revamping its 50%-owned East Rand Mall, in Boksburg, in August. Joint owners, property giant, Redefine, and Vukile would inject more than R300-million – R153.3-million each – to expand the current 62 516 m2 shopping centre by...
May 26, 2014
Nov 08, 2013
Nov 04, 2013
Oct 31, 2013
Oct 31, 2013
 
 
 
Oct 29, 2013
Following successful share placements to raise £16.8-million of new capital to support the recent €189-million acquisition of three prime German shopping centres, as well as a further placement to fund the settlement of its debt with UK insurer Aviva, London-listed...
Oct 04, 2013
As property group Attacq prepares to kick off trade on the real estate holdings and development sector of the main board of the JSE by October 14, it opened an initial public offering on Friday to raise R800-million. Investors were invited to subscribe for about...
Oct 02, 2013
Redefine CEO Marc Wainer
Property group Redefine Properties plans to increase its shareholding in Fountainhead Property Trust by up to 250-million units. Redefine, which was currently the largest single Fountainhead participatory unit holder with nearly 46% as at February, proposed to swap...
Sep 26, 2013
Property group Attacq plans to list on the real estate holdings and development sector of the main board of the JSE by mid-October, CEO Morne Wilken announced on Thursday. Investment in the group, which was previously known as Atterbury Investment, would be through...
Aug 29, 2013
The redevelopment of Rosebank Mall, in Johannesburg, was 50% completed, JSE-listed property group Hyprop CEO Pieter Prinsloo said on Thursday. South Africa’s third largest listed property fund started construction on the R932-million project in September 2012 and...
Jul 01, 2013
Property group Growthpoint and information and communication technology services and solutions company Dimension Data have teamed up to evaluate the viability of installing open-access high-speed Internet throughout Growthpoint’s 353 commercial and industrial...
May 27, 2013
East Rand Mall
As property group Vukile Property Fund on Monday reported a portfolio valued at nearly R10-billion, it set its sights on increasing this to R15-billion over the next year or two. The “property hungry” group’s portfolio had increased by 26% to 78 properties with a...
May 24, 2013
The environmental-impact assessment and plant-construction contracting processes for JSE-listed agriculture and property group Tongaat Hulett’s proposed 80 MW power station, were well advanced, CEO Peter Staude said on Friday. He noted that, as part of the company’s...
May 16, 2013
JSE-listed agriculture and property group Tongaat Hulett on Thursday said it expected its headline earnings for the year ended March 31 to increase by 18.7% to R1.06-billion. Profit from operations is expected to increase by 11.7% to R2.15-billion, from R1.92-billion...
May 10, 2013
Broll Property Group on Friday reported that its African expansion had gained momentum, with the group now active in 15 countries on the continent. The South Africa-headquartered group, which had offices in Ghana, Malawi, Namibia and Nigeria, had opened offices in...
 
 
 
 
Feb 28, 2013
Demand for office space in South Africa remained weak in 2012 amid challenging market conditions and extensive consolidation of companies, JSE-listed property group Growthpoint Properties CEO Norbert Sasse said. He said the office rental sector of the group’s...
Jan 18, 2013
Construction of the new R255-million 11-storey Palm Royale sectional title apartment block in the Oasis Luxury Retirement Resort at Century City, in Cape Town, was under way, property group Rabie announced on Friday.
Nov 12, 2012
JSE-listed agriculture and property group Tongaat Hulett is looking to increase its two-million-ton-a-year sugar production capacity from its existing mills as it moves to build on the momentum created by its increased sugar cane supplies. The company said on Monday...
Nov 02, 2012
The R2.1-billion property group and predominantly government-tenanted black economic-empowerment company Delta Property Fund is to list on the Johannesburg Stock Exchange (JSE).
Aug 29, 2012
JSE-listed property group Growthpoint on Wednesday reported that, despite a 12-year low in business confidence, uncertain global economic conditions and lower office demand, the company achieved a 6.1% distribution growth for the year ended June 2012. Improved...
May 28, 2012
Agriculture and property group Tongaat Hulett expects its future revenue stream to benefit “significantly” from electricity and ethanol developments, CEO Peter Staude said on Monday. The JSE-listed company said it was working with government to establish an...
Feb 10, 2012
Multinational group and pump manufacturer Grundfos has invested R100-million towards the building of a new facility in Meadowbrook, east of Johannesburg.
Nov 25, 2011
Property group Redefine Properties has made significant progress in the implementation of its strategy of restructuring and improving the quality of its core property portfolio.
Nov 25, 2011
Agriculture and property management group Tongaat Hulett’s significant aim is to facilitate increased cane supply (including hectares under cane, yields and cane quality) to its mills for the 2011/2012 financial year.
Nov 14, 2011
Electricity generation and ethanol production from sugarcane could save and create thousands of local jobs, mainly in rural areas, agriculture and property group Tongaat Hulett CEO Peter Staude said on Monday. The JSE-listed company calculated that the introduction...
 
 
 
 
Nov 04, 2011
Agricultural and property group Tongaat Hulett reported on Friday that its headline earnings for the interim period to September 30, 2011, were expected to be R501-million, compared with the R507-million earned in the same period last year. Headline earnings a share...
Jul 08, 2011
Mauritius’ first regional shopping centre is being developed by South African property investment and development company Atterbury.
Jan 12, 2011
Attached please find a press release on: Many homeowners are already implementing green measures to help protect the environment and, says Berry Everitt, CEO of the Chas Everitt International property group, it’s relatively simple to expand that concern to the...
Jan 05, 2011
Estate agents have painted a rosier picture for the residential property market in 2011, but warned that prices were being held down by bank's strict lending requirements. Berry Everitt, CEO of the Chas Everitt International property group, said on Wednesday home...
Jan 04, 2011
Attached please find a press release on: The residential property market is now in much better shape than it was 12 months ago and set to recover even more over the next year.
Oct 08, 2010
Attached please find a press release on: The smell of a freshly mowed lawn is one of summer’s special delights for many homeowners, but figuring out what to do with the grass clippings is often not such a pleasure – especially if you’re trying to live a more “green”...
 
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