At a glittering event held at the Monte Casino Ballroom last night, the Women’s Property Network (WPN) celebrated the 2016 South African Women in Property Awards.
Addressing the 2016 Medium-Term Budget Policy Statement, dubbed the mini budget, Finance Minister Pravin Gordhan announced that the Treasury had revised South Africa's economic growth from 0.9% to 0.5%..
A tie-up between New Europe Property investments (Nepi) and Rockcastle Global Real Estate, could produce Eastern European real estate powerhouse with R85.4bn market cap.
The South African listed property industry has risen nearly 9% in the first nine months of the year, about double what equities have achieved, which was 4.82%. Bonds achieved a staggering 15.05% and Cash managed about 5.4%.
Housing delivery in Gauteng might grind to a halt because of the withdrawal of more than R900m in funding.
Western Cape >>
NASDAQ-listed Marriott International today announced plans to built three hotels in Cape Town and two already in construction in Johannesburg — in partnership with Amdec Group.
Astonishing claims has surfaced, suggesting that the King Shaka International Airport in Durban was built without a feasibility study by Airports Company South Africa (Acsa).
Johannesburg — Until news of renewed Cabinet tussle between Finance Minister Pravin Gordhan and the National Prosecuting Authority (NPA), the South African economy has steadily been recovering.
General News >>
Prospects in Africa's property industry and finding real alternatives to create mere replicas of Dubai, Shanghai and Singapore on the continent, will be in the spotlight at the African Real Estate & Infrastructure Summit in Cape Town next month.
Affordable housing and private memorial parks developer, Calgro M3 Holdings this week said revenue moved up 25.7% to R720m in the interim period to August.
The South African Government reached an agreement with seven listed construction groups found to have participated in collusion. The companies will contribute R1.5 billion to help black-owned partners grow.
The dynamic landscape of Kenya's capital, Nairobi is in for a commercial transformation, with the investment by Hilton Worldwide (NYSE:HLT) in a new R1.5 billion hotel at Africa’s tallest development.
The U.K.'s decision to leave the European Union created uncertainty in several sectors of the economy, including the property investment market.
At a glittering event held at the Monte Casino Ballroom last night, the Women’s Property Network (WPN) celebrated the 2016 South African Women in Property Awards. ... Full story