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Monday Oct 01, 2012

Top Bryanston estate agent probed over sale of state land

Merrick Meek, the head of the Bryanston branch of Rawson Properties, has become embroiled in a controversy involving the illegal sale of state land and is being probed by a high-level organised crime task team, led by the Hawks.

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Laws to protect views for heritage properties

Every developer loves a view, but heritage laws may put some of SA's most spectacular views out of developers' reach.

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Storm over Durban outdoor adverts

A massive advertising "wrap" covering almost half of a multi-storey Durban building has sparked a legal storm in which the eThekwini municipality is accused of adopting a "farcical, selective and unconstitutional stance" to outdoor advertising, an industry that generates more than R1 billion a year in SA.

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Ambitious property development to revitalise PE Central precinct

Aengus Investment Properties (AIP) is set to transform Port Elizabeth Central into a thriving mixed-use property node with the launch of its Oh!41 creative hub at Havelock Square next month.

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Rejected Lagoon Bay golf development now proposed as 'green village'

The developers of Lagoon Bay, near George, whose development plans were rejected by the Western Cape government despite approval from the local town council, have resubmitted their proposal, suggesting that what would have been a massive golf estate should now become an eco-friendly agrivillage.

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Weekend landslide at Chappies may see toll plaza costs rocket - geologist

A section of the cutting where the Chapman's Peak toll plaza is being built appears to have collapsed, tearing the wire netting and leaving some of the strengthening rods suspended in air. It apparently happened on Saturday.

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Shopping centre awards announced

Middelburg Mall, Sandton City, Kagiso Mall, Tribeca Standard Restaurant at Lynnwood Bridge and Hackett London at Sandton City all won top honours at the annual South African shopping centre industry awards.

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Cape Town's spatial development plans get nod

Cape Town's 10-year development plans, which includes major changes for the Cape Flats, Mitchells Plain and Khayelitsha, have received the go-ahead from local government.

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'Slow growth, tight lending and high debt constricting sales'

Continued tight mortgage lending, high household debt and slow economic growth are constricting property sales, according to Seeff chairman Samuel Seeff.

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Metrorail says service on right track

Train cancellations have dropped to below 1 percent, crime is down by 40 percent and punctuality has gone up to 83 percent, Metrorail says.

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