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Buyers seek income from Property

Auction Inc launched its auction year yesterday with a lively and well-attended sale that attracted serious buyers of income-earning properties. ... Full story

John Ross Eco Junction grows apace with first new development

John Ross Eco Junction, a commercial industrial development grows apace with first new facility for Tangawizi Motors to accommodate four motor dealership brands namely Hyundai, Daihatsu, Renault and Honda.

Cautious approach as South African Property Sector recovers

Investment Property Databank (IPD) intends to maintain a cautious approach ahead of its annual property index result announcement as the South African property sector finds its feet.

SA Corporate shares rally after R439m Joburg CBD Investment

Shares of JSE-listed SA Corporate Real Estate Fund surged 2,6% to close at 393c on Monday after reports that the group had acquired a significant investment in the Johannesburg CBD from Afhco Group.

S.Africa Government conned by Private Office Rentals

The department of public works spends over R3bn/year leasing office space in privately owned buildings on behalf of national government departments.

Cape Town Industrial Property Vacancies continue to reduce

The amount of vacant industrial premises to rent in Cape Town has steadily been reducing for the last 24 months, according to Tony Bales of Epping Property.

Investment opportunity knocks for listed property sector

The fall in property stock prices since the US first raised the possibility of cutting down on its quantitative easing programme in the middle of last year has created a buying opportunity for investors.

Liberty Group grabs 25% stake in Melrose Arch precinct

Financial service group Liberty Holdings on Monday said it had entered into an agreement with Melrose Arch Investment Holdings (MAIH) to acquire an undivided 25% share in Melrose Arch Precinct, north of Johannesburg.

Budget Speech attack on property industry totally baseless

Claims made by Finance Minister Pravin Gordhan during his budget speech last Wednesday about the commercial property sector not honest in leasing deals made to government are unjustified, says SAPOA.

Consolidation may spur listed property sector growth

South Africa’s listed property is expected to undergo consolidation in 2014, helping boosting the property sector’s share prices.

Attacq wins favour with Investors

Investor confidence in Attacq (ATT) remained strong on Wednesday‚ with the recently listed capital growth fund raising R512m in an oversubscribed share placement.

Tower Property Fund: value chasers climb in

Though Tower Property Fund didn't initially create much excitement among investors when it listed in July last year, the owner of trendy mixed-use precinct Cape Quarter in Cape Town's Green Point has in recent months started to appear on the buying lists of a number of prominent fund managers.

SA’s Listed Property is still a safe harbour

South Africa’s Listed Property still represented good value for property investors wanting a relatively secure income stream despite high volatility in the sector over the past year.

Iveco South Africa gets R230m loan boost from Nedbank

Global vehicle manufacturer, Iveco South Africa (Pty) Ltd has boosted its financial resources for development and refurbishment of a motor vehicle manufacturing facility in Rosslyn, Pretoria, through a R230 million loan from Nedbank Corporate Property Finance.

Hazy outlook for SA’s Property Sector in 2014

In spite of our fragile economy facing further setbacks, the 2014 fortunes of South African property market inextricably lies on the country’s economy performance and other markets.

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