May 31, 2007: Cape Town's Investment Hot-spots
The stellar performance of the Cape Town property market and consequent high prices in recent years may have cooled the ardour of investors - but there are still pockets of high opportunity.
Dejan Polic, area specialist in Woodstock, says it is...
May 31, 2007: Protea Business Hotel For Bloem
Protea Hotels has announced a new R60m business hotel in Bloemfontein, set to open in April 2008. Construction on the Protea Hotel Willow Lake is scheduled for late May, and will see a new 94-bedroomed hotel design.
In the face of unflagging demand for Cape seaside property, agents operating in Lagoon Beach say they are experiencing keen interest from local, upcountry and international buyers.
Pam Golding Properties' area mana...
May 31, 2007: How low can yields go?
The South African listed property sector, which recently surpassed the R100bn market capitalisation threshold for the first time, could again double in size over the next two years as the much talked about foreign investment flow into local real estate st...
May 31, 2007: Good CIREF
Earlier this month British stockbrokers Seymour Pierce sent out a strong buying signal on retail-focused CIREF. According to the report, the stock offers significant share price upside over the next three years.
With a market capita...
May 31, 2007: R1,57 billion Growthpoint management buy in
In what could potentially be described as an industry changing transaction, Growthpoint Properties Limited announced today that it would acquire the property administration business of Investec Property Group.
IN LINE with international listed property norms, SA’s largest listed property company, Growthpoint Properties, announced yesterday it was opting for an in-house management strategy....
May 30, 2007: Gauteng Construction Burgeoning
Gauteng's construction and peripheral industries are set to experience an 'explosion' never seen before in South Africa in the coming years, according to Standard Bank chief economist Goolam Ballim.
The joint venture includes Barrow Properties, Vunani Properties and Sherratt Property Ventures. It comprises 25 000 sq m of campus...
May 30, 2007: SA's Commercial Market Is Top
Though South Africa lost its position as the world's best performing commercial property market to Ireland last year - on the back of a noticeable dip in returns from shopping centres - we're likely to be the place to be for international investors over t...
May 30, 2007: Boom time for Plett with big developments
Plettenberg Bay has identified five new major developments for the city, the creation of a small boat harbour, a hotel and a housing development for low income earners.
The major new developments were proposed at the Urban Integration and ...
Bonatla, the beleaguered property firm founded by the enigmatic Niki Vontas, would do well to consider Albert Einstein's maxim that whoever is careless with the truth in small matters cannot be trusted with the important matters.
The company i...
May 29, 2007: Green Building Fallacies Clarified Kara Michaels hears what Bruce Kerswill, managing director of Spire Property Services, has to say on green buildings at this time when the world is grappling with water, energy and solid waste crises and when SAPOA has announced the establishment ...
May 29, 2007: SA Corp. Buys Properties Worth R1bn
Property fund SA Corporate Real Estate Fund (SAC) has bought 51 properties for R1bn, boosting its asset value to more than R7,8bn, it said on Monday. It also announced that as a result it has reshaped its board.
The properties were bought from ...
May 29, 2007: Understanding Property Derivatives
IPD and Absa Commercial Property Finance invite you to the IPD Understanding Property Derivatives training course taking place on Thursday, 14th June 2007 at the Melrose Arch Hotel in Johannesburg.
The course will be presented by James He...
May 28, 2007: Hoteliers Show Renewed Faith In Jhb
Hotel operators and financiers have shied away from the Johannesburg hospitality market over the past seven years following the development frenzy of the late Nineties. Back then, in less than four years, the number of hotel rooms in Johannesburg's northe...
May 28, 2007: Letting Market Saves On Stamp Duty
The amendments to the Stamp Duties Act announced by Finance Minister Trevor Manuel in the February budget come into effect on 1 June. This will come as good news to landlords and tenants, as they will no longer have to pay stamp duty on short-term leases ...
SA Corporate Real Estate Fund which has grown to become one of the largest listed property funds in 2007, has reshaped its board following the acquisition of SA Retail Properties Ltd and the conclusion of a BEE transaction
Seven years into SA's housing boom, there are few areas where bargain buys are a certainty.
Hillbrow and Berea in Johannesburg are probably the cheapest urban property in the world.
So are flats in the Durban CBD and next door Alb...
May 28, 2007: R1 billion Buffcol Deal will boost SA Corporate assets To R7,8 billion
The asset value of the SA Corporate Real Estate Fund would increase to more than R7,8 billion from the current R6,8 billion through the acquisition of a portfolio of 51 properties from Collins Property Group (Pty) Ltd and Buffet Investments ( Pty) Ltd, th...
May 24, 2007: Best route for an investor to take to invest in real estate?
What is the best route for an investor to take who is looking to invest in real estate? Should they buy an investment property and let it out, or would they be better off putting their funds into a listed property vehicle?
Listed property refe...
May 24, 2007: Langebaan: New, Trendy Office Space Langebaan will soon see the establishment of a new office complex sitting on 670 sq m of lettable office space. The site is on the corner of Oostewal a...
A LEADING economist has encouraged property companies and funds to “think out of the box” and pursue assets not ordinarily considered in commercial property investments.
ALTHOUGH property buying and development in SA remains the first choice for expansion-hungry listed property companies, there could also be opportunities in the rest of Africa — albeit with highe...
Growthpoint Properties, South Africa's biggest publicly traded real-estate company, said it has started talks that may affect its share price. It gave no details in a statement to South Africa's stock exchange yesterday.
