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FAULTY TOWERS By Ian Fife Atlantic Corporate Finance (ACF) property consortium that won the right to buy Johannesburg mixed-use icon Melrose Arch for R1,27bn is failing to come up with the funds. It has missed the July 5 deadline to produce guarantees for the purchas... NEW MONEY FOR NEWLY FASHIONABLE NEWTOWN By Pauline Larsen A debate is brewing over whether public-sector development agencies should develop commercial property. Critics say they should leave it to the experts, but the Johannesburg Development Agency (JDA) has a strong case for building offices in New... NEW BROOMS IN PROPERTY By Pauline Larsen Two new MDs have been announced in an industry that has often been accused of resisting transformation. They will run two of SA's largest property groups, Old Mutual Properties (OMP) and Liberty Properties. Property doyen Ian Watt of OMP is st...

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