Oct 31, 2008: Landlords, tenants must now beware The financial institutions' clampdown on defaulting mortgage bond repayments has made it absolutely essential for those landlords who are themselves bonded to receive payment from their tenants on time ev...
Oct 31, 2008: It's business as usual for PUTs
In December last year, the National Treasury released a discussion paper on reforming the listed property industry in South Africa, aimed at bringing it in line with global best practice.
Stakeholders were invited to submit comments on the doc...
Oct 29, 2008: SA cities score in global poll Johannesburg - South Africa has performed well in a survey of the best cities for business in the developing world. The project, funded by MasterCard, indentified cities with the highest potential for com...
Oct 29, 2008: RMB plans African expansion Johannesburg - As part of the greater FirstRand group's international strategy, Rand Merchant Bank is now looking to expand its footprint into Africa by having a physical presence in a few select countrie...
OFFICE- and industrial-property rentals continue to grow impressively, shows the latest issue of Rode’s Report on the SA Property Market. In spite of this, building plans approved for new off...
In the three months to end September the Shoprite Group continued to grow turnover satisfactorily. Total sales increased by 25,9%, identical to the rate of growth recorded in the same period last year. This enabled the group to grow market sha...
WITH new development totalling in excess of R2 billion currently under way, Century City again resembles a crane city with no less than 13 tower cranes and a number of mobile cranes dotting the skyline. Oth...
Johannesburg - South African property firms are expanding into Africa as part of a major drive. Groups like JHI and Broll have been involved in Africa for a number of years, with an expansive network of offi...
Oct 27, 2008: Chas Everitt to open in Mauritius
The Chas Everitt International property group is shortly to open an office in Port Louis, capital of the Indian-Ocean island of Mauritius, in conjunction with prominent local property sales and dev...
Oct 27, 2008: RE/MAX SA on track to open 35 franchises this year
RE/MAX of Southern Africa, currently the second best regional performer behind the Czech Republic within the global group’s 92 regions, is on track to open a total of 35 franchises in South A...
Oct 24, 2008: Paying your dues with property
Once again it is that time of year when everyone is frantically filing their tax returns and for most this is a fairly easy process.
But what are the tax implications of selling or owning a property?
"Many sellers may be worrie...
Oct 24, 2008: New Cape premier halts controversial land deal
Development of the controversial Somerset Hospital site, regarded as one of Cape Town’s most sought-after pieces of real estate in provincial government hands, has been put on hold by Pr...
Dozens of buildings in Johannesburg have had much-needed refurbishment — to the tune of millions of rand — in an inner-city renewal drive meant to provide affordable housing.
Oct 20, 2008: Digital Outlook is rosy DIGITAL communication technology and channels are playing an increasingly important role in real estate. They combine the convenience of access to properties onlin...
Many have pointed to the domestic construction sector and the boom within it as a type of guardian angel for South Africa in a global economy that is facing a potentially severe recession.But, the recent wea...
Oct 20, 2008: Value of building plans passed down The value of recorded building plans passed by larger municipalities at current prices during January to August 2008 decreased by 3,6% (-R1,997m) compared with January to August 2007, figures released by ...
The Century City office market, which has almost tripled in size to more than 200 000 square metres in the past four years, is now the fourth largest office node in the Western Cape and within a year will mo...
Oct 17, 2008: Middle East, Asia can fund private equity South African private equity players are looking for funds in the Middle East and Asia as financing from the local and US markets declined, according to a Deloitte survey released yesterday.
Oct 17, 2008: Value of finished buildings up 5,4% The total value of buildings reported as completed at current prices to larger municipalities during January to August 2008 increased by 5,4% (R1,610,200) compared with January to August 2007, figures rel...
A Dubai-based real estate company said on Monday it plans to build a multi-billion-dollar themed entertainment development in South Africa, the largest of its kind in ...
Oct 15, 2008: Property firm debuts on AltX
Property group Quantum Property (QPG) announced on Monday that it had successfully debuted on AltX, with the market currently reflecting offers for the share as high as R1,75.
Quantum said it raised R32,3m prior to its listing on AltX through...
Oct 15, 2008: Bonds resilient despite weaker rand
Bonds ignored the weaker currency and were virtually unchanged by noon on Wednesday, with traders saying the yield curve is normalising. In early morning trade, traders noted that the R157s had slipped fu...
REDEFINE Income Fund is helping to rejuvenate Paarl’s economy through its development of Berg River Park — the town’s first fully secure industrial park.
Oct 13, 2008: Commercial property gives certainty Whilst the uncertainty of global markets currently haunts investors, the certainty of income streams on commercial property is proving to be relatively comforting for commercial property investors....
