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The process of reclaiming a hijacked building in Joburg is a tedious, challenging and costly exercise which could take years, said property experts
Despite the sluggish economy and the poor state of the commercial, industrial and retail property markets, inner-city mortgage financier TUHF embarked on an R800-million debt capital raising roadshow this week. The capital raised will be used to fund growth. TUHF is not a bank and takes no deposits, but uses money raised on the capital markets to provide bond finance to small and medium-sized property developers and entrepreneurs with an intimate knowledge of the areas in which they invest. Typically, these entrepreneurs are developing buildings in inner-city areas such as Hillbrow, Yeovill...