Latest News

Tsogo Sun occupancies for year up 4.5%


21 May 2012
With national hotel occupancies at 57% for the year, South Africa is still experiencing the dual impact of depressed demand and over supply, gaming and hotel

Investec Property Fund final distrib. 49.29c


17 May 2012
Following an initial distribution of 43.73 cents per linked unit (cpu) Investec Property Fund (IPF) has declared a final distribution of 49.29 cents cpu for

Dipula Fund achieves forecast distributions


17 May 2012
Dipula Income Fund, which was formed in 2011 out of a merger between two majority black-owned property funds - Mergence Africa Property Fund and Dipula Prope

SA Corporate's managing director resigns


15 May 2012
Len van Niekerk has resigned as managing director of SA Corporate Real Estate Fund Managers Limited, with immediate effect. The South African corporate m

Redefine in value proposition


12 May 2012
If you are looking for hard currency income and willing to take a longer-term view, Redefine International is worth a second glance. The dual-listed (LSE

10 new Shoprite stores for Nigeria


12 May 2012
Property group Resilient, one of SA’s largest owners of platteland malls, has entered into a joint venture with Whitey Basson’s Shoprite to build

Hyprop sells its share in SouthCoast Mall


09 May 2012
Hyprop unitholders on Tuesday voted in favour of selling Hyprop's 50% undivided share in Southcoast Mall to Redefine Properties Limited. The sale is

Ocean Basket opens 150th restaurant


09 May 2012
Ocean Basket on Tuesday announced the opening of its 150'th restaurant - located at Stoneridge Centre, in Edenvale, Gauteng. "150 restaurants op

Labour to dispense justice in leasing


07 May 2012
THE labour courts have had to dispense justice while grappling with space constraints, lease problems and even an eviction order. Labour Court Judge Pres

Redefine meets earnings targets


02 May 2012
Redefine Properties International (RIN) says it continues to meet its targets and expects to deliver on the earnings forecast and strategic objectives set ou
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