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The highly-anticipated R1 billion Thavhani Mall at Thavhani City in Thohoyandou will officially open on 24 August 2017, bringing world-class shopping to this bustling Limpopo town.

Knight Frank, the world's leading independently owned property consultancy, has recently published a report, ‘The Prime Global Cities Index’.

Wednesday, 31 August 2016 14:38

Sod turning ceremony to mark R11bn investment

The Coega Development Corporation (CDC) on Tuesday hosted a sod turning ceremony to mark the R11 billion investment by the Beijing Automobile International Corporation (BAIC) at the Coega Industrial Development Zone.

Waterfall – ATTACQ has received the MSCI South Africa Real Estate Award in 2016 for best performing property fund in the office sector from MSCI, a leading provider of research-based indexes and analytics, at the 14th MSCI Real Estate Conference at the Table Bay Hotel in Cape Town. Attacq achieved a return of 16.5% and thus securing the top honours in the office sector.

JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has announced its intention to acquire the entire issued share capital of The Pivotal Fund (JSE: PIV).

The respective boards of directors of Redefine and Pivotal are pleased to announce that they have signed a document setting out the terms and conditions upon which Redefine offered to acquire all of the Pivotal shares from Pivotal shareholders.

The Pivotal Fund Limited (‘Pivotal’), a development focused property fund, today confirmed that it has entered into an agreement with Redefine Properties Limited (“Redefine”), in terms of which Redefine has offered to acquire all of Pivotal’s issued shares from Pivotal shareholders.

Jones Lang LaSalle Incorporated (NYSE: JLL) announced today that Christian Ulbrich, who has held the role of President since June, will now also assume the position of Chief Executive Officer, effective October 1, 2016. 

Diversified property REIT, Texton Property Fund (“Texton”) today announced robust final results for the year ended 30 June 2016, declaring a total dividend of 103.63 cents per share (2015: 94.77 cps), a 9.4% increase, following the successful implementation of its diversification strategy geographically into the United Kingdom (UK) and across sectors.

Vukile Property Fund, Arrowhead Properties and Synergy Income Fund  today announced they have concluded agreements for a landmark transaction that will create a high-yield, high-growth fund within the existing entity of Synergy – to be renamed GemGrow Properties Limited.

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