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Raubex divisions see return to profitability

By: Simone Liedtke     29th May 2020 Infrastructure development and construction materials supply group Raubex managed to maintain sufficient capacity to participate in any improvement in the sector, while simultaneously undertaking rightsizing initiatives has seen the company’s roads and earthworks division return to profitability.... 

Saice supports rapid built environment reopening

By: Marleny Arnoldi     24th April 2020 The South African Institution of Civil Engineering (Saice) supports the call by the built environment industry for it to be designated as an essential service that can be among the first to restart operations once the lockdown restrictions in South Africa start easing in early May. Before... 

Atterbury starts development of R6bn Castle Gate precinct

By: Creamer Media Reporter      4th October 2019 Construction has started on the first phase of the multibillion-rand Castle Gate mixed-use precinct in Pretoria.  The precinct is being co-developed by Atterbury Property Fund (APF) and The Carl Erasmus Trust. APF is co-owned by property developer and investor Atterbury, its management and... 

Healthcare, agriculture and education driving demand for property development in Africa

By: Tasneem Bulbulia     2nd October 2019 There are opportunities for real estate developments in the African healthcare, agriculture and education sectors, Knight Frank United Arab Emirates researcher Tilda Mwai told delegates at the Africa Property Investment (API) Summit, in Johannesburg, on Wednesday.  Increasing household income,... 

Group Five shareholders unlikely to receive any value from business rescue process 

By: Simone Liedtke     20th June 2019 Dave Lake and Peter van den Steen, the business rescue practitioners (BRPs) for Group Five on Thursday informed shareholders that it was “very unlikely” that they would receive any value back on their investments in the construction group. Shares “are not worth very much at all”, Lake told... 

Turning loyal customers into business partners is a win-win for long-term growth

18th June 2019 Building strong relationships with existing clients is important for repeat business. This is especially true in the niche South African property development industry, which is dominated by a number of key players. In addition, recommendation and endorsement by clients plays a vital role in... 

Industrial development funding mix can improve success 

By: Schalk Burger     14th June 2019 A diversified funding mixture to stimulate industrial activity and development will help to improve success and can lead to growth partnerships with investors and government, as well as more rapid growth if successful, states industry body Commercial Aerospace Manufacturing Association of South... 

ParkUpp start-up monetising inner city parking

By: Schalk Burger     10th June 2019 Property technology firm ParkUpp is monetising idle parking spaces in inner cities by allowing private and commercial property owners to list available parking spaces on its website and persons looking for long-term parking to browse available options. There are many cars parked on the side of... 

Cape Town's 'The Onyx' sells out its apartments in a property recession. But why?

By: Creamer Media Reporter      4th June 2019 There’s been a fair amount of hype about what’s going to be the tallest or largest building in Cape Town over the past few years, but little is made of the re-inventions of current spaces into glorious city-changing landmarks.  The master architect of urban regeneration, Robert Silke, is... 

Calgro M3 positioned for growth, despite challenging environment

By: Simone Liedtke     13th May 2019 JSE-listed property and property-related investment company Calgro M3 on Monday reported that its basic earnings a share for the year ended February 28 decreased by 97.31% to 2.53c. It also posted a headline loss a share of 19.01c for the financial year – down 121% year-on-year. 

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