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Real Estate
Super-rich buying houses again
The market for super-luxury houses has started to come to life again, especially in Johannesburg, and players have done some massive deals this year.
Pearl’s rental income up
Listed property group Pearl Properties says it recorded a rental income of $3,9 million compared to $3,3 million the previous year.
Last Updated ( Thursday, 18 August 2011 10:47 )
Munyeza checks out of Dawn
African Sun group chief executive officer Shingi Munyeza has resigned from the board of listed property group Dawn Properties.
Embattled SA hotels batten the hatches
News that the five-star Grace Hotel in Rosebank, Johannesburg, will close its doors at the end of August and owners Hyprop are considering what to do with the property is...
Last Updated ( Tuesday, 02 August 2011 12:48 )
Dawn disposes of CBRE
Dawn Properties (Dawn) has announced its intention to dispose of its real estate firm CB Richards Ellis (Private) Limited (CBRE) to the company management.
Last Updated ( Wednesday, 06 July 2011 10:09 )
Gaddafi 'has no direct stake in Michelangelo'
Colonel Muammar Gaddafi has no direct shareholding in either the luxury Michelangelo Hotel in Sandton or in Legacy Hotels, but the people of Libya do have, said Legacy ch...
Foreigners cool on Cape properties
The number of foreigners who bought properties in the Western Cape dropped last year compared to previous years, according to the 2010 FNB Estate Agent Survey released on...
AAG strikes rental deal with OM
Lobby group, Affirmative Action Group (AAG) has announced that it has reached an agreement that would see property giant Old Mutual reducing rental for its properties.!@#...
More blacks have paid-up homes: study
More blacks live in homes which are fully paid for than any other race group, the SA Institute of Race Relations (SAIRR) said on Monday.
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