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Stefanutti Stocks H1 diluted HEPS up 30% to 44.41c

Stefanutti Stocks on Thursday said its performance in the first six months of its financial year was in line with management’s expectations. ... Full story

Group Five still in talks with Competition Commission over settlement

Diversified construction company Group Five (GRF) on Wednesday warned its shareholders of the “contingent risk” of civil claims possibly being lodged against the group after it was implicated in a Competition Commission report on anticompetitive behaviour.

Waterfall development expounds mixed-use benefits

The Waterfall development, spanning both sides of the N1 highway, from Buccleuch to Allandale Interchanges, has already secured developments valued at more than R7 billion, making this one of the fastest-off-the-ground mixed-use developments yet in Gauteng.

R850m Springs Mall Breaks Ground

The R850 million Springs Mall at Blue Crane Eco Park officially broke ground on Wednesday, and about 52,000sqm of retail space would be added to Springs area in Ekurhuleni in the east of Gauteng when it opens in 2016.

SAPOA Awards honour excellence in Property Developments

Property owners in South Africa today announced that No.1 Silo at the V&A Waterfront is the overall winner at the prestigious South African Property Owners Association (SAPOA) Innovative Excellence in Property Development Awards 2014, held at the Cape Town International Convention Centre.

Mudbricks much stronger than Concrete used at Tongaat Mall

A commission of inquiry investigating the Tongaat Mall disaster, on Wednesday heard that mudbricks were stronger than the concrete used in the construction of the collapsed section.

Shanghai Zendai unveils R84bn landmark development plans for Modderfontein

Hong Kong listed Shanghai Zendai on Wednesday revealed ambitious plans to create a new city centre, with the recently acquired 1600ha of land in Modderfontein north-eastern Johannesburg.

Haste led to Tongaat Mall collapse

A worker on the construction of the Tongaat Mall, which collapsed on November 19 killing two people and injuring 29, said that haste led to the tragedy at the site near Durban.

Partnership plans major Retail Property Developments in Eastern Cape

Nedbank Corporate Property Finance has collaborated with Billion Group on delivering economic development opportunities in the Eastern Cape, which involves construction of BT Ngebs Mall in Mthatha.

Discovery Limited finds a new home in Sandton

Discovery Limited, Growthpoint Properties and Zenprop, today launched a four-year property development that will see Discovery's more than 5 000 employees move into a new head office in Sandton.

Historic mixed-use Waterfall City development takes off

Atterbury Property Development and Attacq today launched the mixed-use Waterfall City to market, marking the next wave of its ambitious commercial development at the landmark Waterfall Business Estate.

Unqualified construction workers blamed for Tongaat Mall collapse

The dangers posed by incompetent and unqualified personnel who handled Tongaat Mall construction in Durban were highlighted on Wednesday during the proceedings of the Commissions Inquiry.

Prime land in Durban's Umhlanga Ridge ready for Commercial Development

JSE-listed sugar and property giant, Tongaat Hulett on Wednesday said that it will release 42 of the remaining 62 hectares of Ridgeside, its iconic development on Umhlanga Ridge, to the market as a single transaction in the first quarter of 2014.

Murray & Roberts to fix Gautrain water leaks despite uncertainty on cost

The costs of repairing water ingress at Gautrain tunnel will be split between the partners in the Bombela Civil Joint Venture in which the lead contractor Murray & Roberts (M&R) has a largest shareholding.

Tongaat Mall tragedy reveals shoddy Construction practices

In the case of the unfinished Tongaat Mall disaster, the South African building industry must weed out dodgy contractors and take strict action against shoddy property development practices.

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