Tuesday, 24 May 2016 23:02

PPC downgrade warning hits stock

PPC warns of a credit rating downgrade and said it was in the advanced stages of a capital raising exercise for up to R4bn, tanking its shares.

Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings, certified by the Green Building Council of South Africa (GBCSA).

Ashburton Investments is pleased to announce the first close of the RMB Westport Real Estate Development Fund II (Westport II), raising just under USD250m of the USD450m target. 

Craig Hean, who in 2013 succeeded Mark Bradford as Managing Director of JLL South Africa, will now take the additional newly created role of Managing Director, Sub-Saharan Africa, which includes an overview of JLL’s hub office operations in Lagos, Nigeria, covering western Africa, and Nairobi, Kenya, covering eastern Africa.

Delta Africa is set to become Mara Delta next month, a R3bn pan-African listed property fund, having more than trebled in value since it listed in July 2014.

Resilient Reit is putting on ice its plans to build 10 shopping centres in Nigeria.

Africa Rising, a Durban-based independent property development company, specialises in project development, project management and real estate sales.

South African retail magnate Christo Wiese's offshore investment holding company Tradehold intends to buy a majority stake in Lusaka Stock Exchange listed Real Estate Investments Zambia.

The Royal Institution of Chartered Surveyors (RICS) will host its second annual RICS Africa Summit in Sandton Central, Johannesburg, on 24 February 2016, bringing together leading speakers and professionals in the built environment.

Wednesday, 03 February 2016 10:56

Meetings Africa set to build business tourism

It’s the final countdown to the year’s biggest business events on the African continent and a vitally important event from a business tourism perspective, Meetings Africa, which takes place at Sandton Convention Centre in Johannesburg, from 22 to 24 February.

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