Write comment (2 Comments)
Property Finance
China's construction binge
When China announced a nearly $600bn package to ward off the 2008 global financial crisis, city planners across the country happily embarked on a frenzy of infrastructure projects, some of them of arguable need.
The Grace sold off
The Grace Hotel in Rosebank previously managed by listed hospitality group African Sun has been sold off to Southern Sun for more than $10 million.
Last Updated ( Wednesday, 12 October 2011 10:10 )
Chinese target Shelter Afrique
Kenya-based housing and urban development financier Shelter Afrique which recently availed a $7 million mortgage facility in Zimbabwe through BancABC is in negotiations t...
Last Updated ( Thursday, 22 September 2011 11:13 )
Meikles dispose of Cape Grace Hotel
Meikles Limited says it has received regulatory approval to dispose of its interest in the Cape Grace Hotel to Mentor Holdings.
$97m Beitbridge facelift
Beitbridge Border Post is set for a US$97 million facelift which promoters of the project say will cut by up to 75 percent transit delays that currently last as long as f...
IMF: Property bubble in China a concern
The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflatio...
Old Mutual R12bn fund listing on track
Old Mutual Property is well on track to list its new R12 billion property fund this year.
Congo launches Chinese-funded power plant
The oil-producing central African state of Congo Republic inaugurated a 120-MW Chinese-funded hydroelectric power station late on Saturday aimed at bridging the gap in it...
PPC warns of profit slump
Pretoria Portland Cement (PPC) advised onWednesday that its earnings per share and headline earnings per share for the six months ended March 2011 are expected to be betw...
Page 1 of 6
