Latest News

Prasa plans R500m Braamfontein development


15 Mar 2012
THE state-run Passenger Rail Agency of SA (Prasa) plans to invest R500m to deck over the Braamfontein rail-stock yard for mixed-use property developments tha

Cape Town, Naspers Parking deal to be examined


15 Mar 2012
The Public Protector is to investigate the R106 million deal signed between the City of Cape Town and publishing group Naspers for a parking lot that could b

Cape Town hotels show strong summer growth


14 Mar 2012
Cape Town-based hotels have had a bumper summer season with the Pepper Club Hotel, for instance, showing a 21% year-on-year (y/y) gain in December 2011 occup

Cele asked why two buildings, one owner


12 Mar 2012
Suspended police commissioner Bheki Cele could on Monday not explain the coincidence that both buildings identified for police accommodation in Durban and Pr

Velvet stays grounded pending court hearing


06 Mar 2012
VELVET Sky would not resume flying today as the company had not reached a settlement with BP over the R28,7m of its outstanding fuel bill, according to Gary

Cele instructed official to lease space


06 Mar 2012
Suspended police chief Bheki Cele instructed a senior procurement official to lease space in two building in Pretoria and Durban to be used as the police&#39

Massive leap in Home Affairs building rental


05 Mar 2012
The home affairs department is paying R33 million a year rental for its new Pretoria headquarters, more than one-and-a-half times what it previously paid for

Investec Private Banking backs Nicolway Bryanston


29 Feb 2012
In a landmark transaction Investec Private Banking has provided funding to The Rodrigues Group to develop the chic new R500 million Nicolway Bryanston Shoppi

Levitt's auction house sells buildings for R67.6mil


27 Feb 2012
Two landmark buildings in the Johannesburg CBD, previously owned by Vukile, were sold to a private investor for R67.6 million on auction by Rael Levitt's

Submissions for Cele's hearing raise queries


23 Feb 2012
A HEARING into alleged misconduct by suspended police commissioner Bheki Cele over controversial police building leases is set to begin next week, amid quest
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