Women continue to make inroads into the traditionally male-dominated South African property industry.

The Johannesburg central business district (CBD) is proving to be an animal with different parts — the good, the bad and the ugly — and savvy property developers are only now starting to figure this out and returning to the inner city.

Property loan stock company, Vividend Income Fund says it is continuing to investigate new value-enhancing property assets as it grows its portfolio.

 

Property loan stock group Vukile announced on Tuesday that its unitholders have approved the company's proposal to acquire nine Sanlam Life Insurance properties for R537.6 million.

Auction Alliance will be taking two properties on Main Road, Mellville - well known for street cafes, cigar lounges and restaurants and good commercial property exposure - to the auction floor on August 18.

Monday, 22 October 2007 02:00

Ambit set to acquire Abseq in R1,03bn deal

Listed property loan stock company Ambit Properties has announced it will acquire Abseq Properties, which owns one of the “premier office portfolios in Johannesburg’s northern suburbs”, in a transaction valued at R1,036bn.

SA Corporate Real Estate Fund, managed by Old Mutual Investment Group Property Investments (OMIGPI), has renegotiated its debt and reduced its effective cost of funding by over 40 basis points

Friday, 24 November 2006 02:00

How degeneration became regeneration

The turnaround story in Johannesburg’s central business district (CBD) is making headlines in several leading newspapers — a stark contrast to the doom and gloom that pervaded just 10 years ago.

ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for an undisclosed amount

The listed property loan stock company, Paramount Property Fund (Paraprop) has concluded a deal with Absa Bank, whereby Absa will subscribe for 17 537 000 Paraprop linked units with effect from September 1 2003.

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