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News

Dubai brimming with opportunities
Dubai is growing ever more popular as a lifestyle and investment destination...
21 Sep 2007
B&B properties in demand for 2010
The demand for B&Bs, guesthouses and properties suited to conversion is increasing as the countdown to the 2010 Soccer World Cup continues...
21 Sep 2007
No boom, but not all doom and gloom
Tito Mboweni has hiked interest rates yet again and the National Credit Act (NCA) makes it harder to obtain bond finance, but expectations are that the market will recover next year...
21 Sep 2007
Retail investor should go long-term
Retail investors should realise that if they want to be truly successful, they need to take a long-term view...
21 Sep 2007
RBA opens 20 cents higher
Housing group RBA Holdings (RBA) made its AltX debut on Thursday, opening 20 cents higher than its placement price of 100 cents. By Nicole Rego, I-Net Bridge...
20 Sep 2007
West Rand estate still selling well
Situated on 145 hectares along the Roodekrans Ridge and between the Crocodile River and the Walter Sisulu Botanical Gardens, Featherbrooke Estate offers over 1,000 residential units. By James Monteiro...
20 Sep 2007
Building cost inflation still high
Commercial building cost inflation has slowed down markedly from its peak of 37% year-on-year in the third quarter of 2005, to the 16% recorded for the first quarter of 2007, but it is still high relative to consumer inflation...
20 Sep 2007
Who maintains sectional title unit?
Sectional Title home-owners are often confused as to the responsibilities regarding the maintenance of their unit and unsure when to call upon the body corporate for help...
20 Sep 2007
Apartments in WC town get new face
A property developer has renovated the Art-Deco Esperanza apartment block in Heidelberg in the Western Cape...
20 Sep 2007
2 adjoining Karoo cottages for sale
Currently on the market in the sheep-farming area of Colesberg are two adjoining Karoo cottages for R850k...
19 Sep 2007
Hazeldean centre nearly complete
Residents of Hazeldean, the new suburb that is rapidly taking shape to the east of Pretoria, will soon have their very own shopping centre...
19 Sep 2007
R53.16 a share for Aveng buy-back
Building materials company Aveng (AEG) said its shareholders would be offered a price of R53,16 per share in their 65,8m share buy-back offer running from 15 October to 2 November. By I-Net Bridge...
19 Sep 2007
R300m in fund's initial public offer
The initial public offer (IPO) period for Africa's first property tracker fund, which closed on Friday 7 September, secured a total commitment of about R300m...
19 Sep 2007
RBA shares oversubscribed
Housing group RBA Holdings (RBA), which is due to list on the JSE's AltX on Thursday, says its private placing of 65m shares at a price of one rand per share, was substantially oversubscribed. By Nicole Rego, I-Net Bridge...
19 Sep 2007
'Realise saving through property'
If the Reserve Bank is trying to encourage South Africans to save rather than spend, it needs to create a stable environment that encourages the purchase of property...
18 Sep 2007
Jomo Sono plans R600m hotel chain
Soccer legend Jomo Sono is expanding his stake in the hospitality industry with the development a R600m chain of hotels. By Bavani Naidoo...
18 Sep 2007
Hardware supplier lists on AltX
A supplier of affordable building materials, such as cement, corrugated iron roof sheeting, doors, windows and timber, will be listing on the Alternative Exchange (AltX) of the JSE by way of private placement on 28 September 2007...
18 Sep 2007
Rental market strong despite NCA
Tighter control over access to credit has not yet affected rental properties in the Western Cape metro region. By Tiisetso Motsoeneng, I-Net Bridge...
18 Sep 2007
Banks' R42bn target on track
Banks are getting increasingly involved in initiatives to speed up housing delivery and mortgage lending to low income earners as their end of 2008 deadline to meet their R42bn commitment draws near. By Joan Muller...
18 Sep 2007
UK commercial property yields well
The UK commercial property market continues to yield sound returns for investors around the globe, according to a recent report...
18 Sep 2007

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