December 11, 2009
As a Challenging 2009 Comes to a Close, JHI Looks Optimistically Forward to 2010
What a year it has been! The retail, travel, property and motoring industries will testify to the immense challenges and difficulties 2009 has brought. The commercial property market has possibly been one of the industries most affected, the recession, high unemployment, liquidations, insolvencies and the global economy have all had a direct impact on the market.
Posted by StaffWriter at 7:37 AM | Comments (0)
December 4, 2009
BEE plea at property talks
THE transformation and empowerment of black landowners in the Eastern Cape was operating at a snail's pace and the portfolio should jump from 37% to 50% within the current financial year, Roads and Public Works MEC Pemmy Majodina said in Port Elizabeth yesterday.
Posted by StaffWriter at 9:47 AM | Comments (0)
November 11, 2009
Rawson boss lambasts black-owned construction companies
None of the larger players in the SA development/construction sector, has, to his knowledge, ever objected to the state policy weighting the tender process in favour of black empowered, previously disadvantaged contractors, especially when it comes to awarding low cost housing contracts, says Paul Henry, MD of Rawson Developers.
Posted by StaffWriter at 10:25 AM | Comments (0)
August 26, 2009
Arabella defends further development
The Arabella golf estate near Hermanus and the empowerment trust it created for five impoverished Overberg communities have argued that the further development of the luxury estate would not only provide enormous economic and social benefits to the region, but would also be good for the environment.
Posted by StaffWriter at 1:26 PM | Comments (0)
May 29, 2009
Interview with JHI Retail Director: Johan Engelbrecht
Interview with JHI Retail Director: Johan Engelbrecht regarding the economic down turn, challenges facing the retail sector with further insight into the sector
SAPOA Conference 2009 (South African Property Owners Association) will tackle issues related to the economic downturn. One area hit is the retail sector, seeing alarming percentages released in the first quarter of this year.
Posted by StaffWriter at 7:12 AM | Comments (0)
February 25, 2009
JHI Strengthens Valuations Capacity
Leading property services company JHI, has bolstered its valuations consulting services to provide valuation services on a national and regional level for the property assets of both listed property funds and private property investors.
Posted by StaffWriter at 9:45 AM | Comments (0)
December 4, 2008
Commercial Property Market Review by JHI
Commercial Property Market
Held Out Against the Down Turn in
2008
"In an economically unstable environment the South African commercial property market in general has been performing well, with IPD figures reflecting that the industrial sector has for the third time in a row outperformed other commercial sectors." According to Marna van der Walt - CEO for independent property services company JHI.
Posted by StaffWriter at 1:40 PM | Comments (0)
November 26, 2008
Major Cape development for BEE firm
Intro
Kagiso steps to Somerset West to expand its presence in the property market and plans to develop office space at a cost of R27m.
Posted by StaffWriter at 12:50 PM | Comments (0)
October 31, 2008
Rasool 'not involved' in relative's V&A stake
Former Western Cape premier Ebrahim Rasool has denied outright any involvement with his sister-in-law's ownership in the V&A Waterfront.
Posted by StaffWriter at 11:44 AM | Comments (0)
October 28, 2008
It's business as usual for PUTs
Real estate is an essential long-term component of a well-balanced investment portfolio.
Mandy Ramsden, Chairman of the Association of Unit Trusts (APUT), comments on National Treasury's latest document regarding the Real Estate Investment Trust (REIT) proposals
Posted by StaffWriter at 3:11 PM | Comments (0)
October 17, 2008
Gold Reef BEE men forced to sell stake
TWO of Gold Reef Resorts' empowerment shareholders have been forced to sell their 15,01% holding in the casino group after facing foreclosure.
Posted by StaffWriter at 12:14 PM | Comments (0)
September 16, 2008
New developments on Property sector Charter front
SAPOA is pleased to announce that the Property Sector Charter Council has submitted its application to the Department of Trade and Industry for the Property Sector Transformation Charter to be gazetted.
Posted by StaffWriter at 7:47 AM | Comments (0)
August 27, 2008
Growthpoint Properties achieves 'above expectation' growth
Growthpoint Properties Limited announced 14,4% growth in distribution per linked unit for its financial year ended 30 June 2008, with both the company's earnings and its distributions outperforming forecasts.Posted by StaffWriter at 11:51 AM | Comments (0)
August 25, 2008
Transnet's V&A deal under the spotlight
Mayor Helen Zille has promised to take immediate legal advice on whether a vast chunk of the city's natural heritage has secretly been sold off to foreign interests, as alleged again this weekend.Posted by StaffWriter at 1:25 PM | Comments (0)
August 21, 2008
18,3% distribution growth for Hospitality Property Fund B-linked unit investors
The JSE listed property loan stock company which invests exclusively in hotel and leisure properties has announced robust distribution growth of 18,3% for its B-linked units for its financial year ended 30 June 2008.
Posted by StaffWriter at 3:31 PM | Comments (0)
August 8, 2008
Property group clinches BEE deal
PROPERTY group Multi Spectrum Property (MSP) has concluded an empowerment deal worth R160m with a consortium represented by MSP chairman Pinda Njokweni.Posted by StaffWriter at 9:09 AM | Comments (0)
August 5, 2008
Property bill 'driving farmers out of SA'
The current exodus of South African commercial farmers will eventually force the country to buy its food from Botswana, Agri SA's chairperson has warned.Posted by StaffWriter at 2:47 PM | Comments (0)
R1,7bn facelift for Sandton City
Liberty Properties Development - a division of Liberty Properties Group - announces a R1,77 billion refurbishment of the landmark Sandton City Complex, the most iconic retail facilities in Africa and the Southern Hemisphere.Posted by StaffWriter at 7:52 AM | Comments (0)
July 23, 2008
Property BEE crunch time: role for advocacy and entrepreneurialism recognised
The South African Institute of Black Property Practitioners (SAIBPP) is looking to make a strong push for the reinvigoration of public private partnerships (PPP) to bump up the lacklustre implementation of Black Economic Empowerment (BEE) in the property industryPosted by StaffWriter at 7:24 AM | Comments (0)
July 1, 2008
RMB Properties in BEE deal
RAND Merchant Bank (RMB) has concluded a transaction to introduce a consortium of RMB Properties management, Tiso Group and Royal Bafokeng Holdings (RBH) to a 60% equity interest in its property services business, RMB Properties.Posted by StaffWriter at 9:10 AM | Comments (0)
May 27, 2008
The Property Point - Saving the little guy
The Property Point initiative helps small businesses succeedThe country's largest listed property company has launched a new project - to save hundreds of small businesses.
Posted by StaffWriter at 1:07 PM | Comments (0)
May 26, 2008
Practical empowerment space forming through listed property company support
All too often, small businesses and entrepreneurs strike out on their own when establishing their companies. Insufficient training, a lack of knowledge and little support all present sometimes insurmountable hurdlesPosted by StaffWriter at 8:46 AM | Comments (0)
April 26, 2008
BEE war for prime Cape site
An intense political and commercial war has broken out over plans to sell a 99-year lease on Cape Town's most valuable piece of state land.Posted by StaffWriter at 8:01 AM | Comments (0)
April 25, 2008
GOVERNMENT PROPERTY PORTFOLIO - Sitting on a gold mine
The department of public works' new property management strategy has shed some light on the spread and weight of the state-owned property portfolio - information that has eluded the market for some time.Posted by StaffWriter at 7:51 AM | Comments (0)
April 22, 2008
Balance needed on draft plan to favour 100% black-owned companies
SAPOA is confident that it is possible to find a solution to promote BEE within seasoned property companies while benefiting the National Department of Public Works' goal of developing new black entrants to the property sector to speed up its BEE achievementPosted by StaffWriter at 11:03 AM | Comments (0)
February 13, 2008
National Property Company achieves AAA Empowerdex rating
IntroNational property solutions company, Hermans & Roman, has been awarded the AAA rating by Empowerdex, an independent agency that verifies organisations' contribution to Black Economic Empowerment (BEE)
Posted by StaffWriter at 7:02 AM | Comments (0)
October 3, 2007
Large property firms are setting up BEE-controlled property funds
The listed property sector is developing black-owned enterprises to meet its black economic empowerment (BEE) requirements.Posted by StaffWriter at 9:11 AM | Comments (0)
June 30, 2005
Sold! Agreement on property charter
Agreement has been reached after "an uphill battle"...
Posted by Bernie at 1:15 PM | Comments (0)
June 29, 2005
Property industry okays BEE charter
The property industry has agreed ...
Posted by Bernie at 8:06 PM | Comments (0)
June 13, 2005
Soria Hay: CEO, Bravura
BELINDA ANDERSON: Our top story is an entirely different topic....
Posted by Bernie at 11:15 AM | Comments (1)
May 24, 2005
Illovo to sell more land to BEE
Sugar producer Illovo Sugar is set to sell more land ...
Posted by Bernie at 5:36 AM | Comments (0)
February 17, 2005
Back to start for Cape coastal BEE project
CAPE TOWN — A major black economic empowerment initiative by the Cape Town city council...
Posted by Bernie at 1:50 PM | Comments (0)
