Construction & infrastructure
Balwin Properties lists to target developing residential projects
Balwin Properties has ambitions to be the largest listed residential property fund on the JSE. ... Full story
Attacq embarks on strategy to recycle capital
Attacq CEO Morné Wilken discusses full-year results from the mall developer which reports 20.6% growth in net asset value for shareholders.
Zendai seeks public's help with new master plan for Modderfontein
Zendai Development South Africa (ZDSA), the local subsidiary of Hong Kong listed Shanghai Zendai, held a series of public information sessions during July 2015 on the master plan for the proposed development of Modderfontein New City.
UK portfolio helps Redefine bulk up
Redefine International, the London and JSE-listed diversified property fund, acquires a R10bn property portfolio in the UK as it aggressively builds up its asset base.
‘Overvalued’ listed property in SA losing its lustre
Some pundits believe South African listed property’s strong run over several years is set to be derailed by revaluations and a slow-growing economy.
Durban’s sought-after Point poised for new wave of development
Durban’s Point precinct is been transformed into a property market paradise, with upgraded roads and waterways leading to upmarket apartment blocks.
Group Five shares plunge to four-month low after it flags earnings drop
Shares of Group Five plunge more than 14% on the JSE, as the construction company says annual profits will be sharply lower.
Construction sector hits hard times
Energy projects and road infrastructure upgrades may offer some relief for South Africa’s beleaguered listed construction companies, but investors without a suitably long time horizon should probably think better of being seduced by the siren of attractive multiples.
Record property prices for luxury units
Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.
Indluplace becomes first residential-only Reit
Indluplace lists on the JSE at R10 a share‚ becoming the first residential-only real estate investment trust in the listed property sector.
Esor FY headline loss per share narrows to 18.8c v 24.4c loss
Esor says that its headline loss per share has narrowed to 18.8c in the year to February from a loss of 24.4c in the year-earlier period.
Three wind farms to supply national grid
Three wind farms are under construction in the Northern Cape following the conclusion of the third round of SA’s Renewable Energy Independent Power Producer Procurement Programme.
High Street shows luxury
AN APARTMENT and retail block with 144 apartments at 135 Jeppe Street, Joburg, and a Sandhurst villa with four bedrooms en suite at 121 Empire Place will be on offer at the High Street auction on Tuesday. Lots on the roll include:
Steyn City raises mixed-use development to new heights
Steyn City, a staggering 2 000 acre lifestyle estate comprising residential units, golf course and commercial space, north of Fourways in Johannesburg — was launched yesterday by a low-profile billionaire Insurance tycoon Douw Steyn.
Modderfontein new city makes its mark
Construction has begun on the new R84 billion city in Modderfontein, Gauteng, owned by Hong Kong listed Shanghai Zendai, with development of 300 residential units underway.
