Property Trends 2017

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Private Property increases South African Women's Hockey sponsorship

Private Property is extending and increasing their sponsorship of the national women's hockey team, currently playing against international opposition in the Cape Town Summer Series, on their path to sporting success...

Issued by Private Property 17 hours ago

It is likely to cost you more than R6‚500 a square metre to build a house

The cost of building houses rose on average to R6‚539/m² in November‚ representing inflation of 6.4% over 11 months from January‚ Absa property analyst Jacques du Toit said in a research note on Friday, 20 January...

By Robert Laing 1 day ago

Lonmin must still build housing for more than 11‚000 employees

Lonmin‚ the world's third largest platinum miner‚ has to build accommodation for 11‚500 of its employees‚ but the weak platinum price is working against major housing investment‚ CEO Ben Magara said on Friday, 20 January...

By Allan Seccombe 1 day ago

Why it's a good idea to simplify sectional title meetings

While the new Sectional Title Schemes Management Act (STSMA) repealed several provisions of the Sectional Titles Act of 1986 (STA), the one does not replace the other entirely, explains Mandi Hanekom, operations manager of sectional title finance company Propell...

1 day ago

Mouille Point gains popularity as vacation-rental, investment suburb

According to Claire Harris, sales agent for the Rawson Property Group's Green Point franchise, demographics in Cape Town's Mouille Point are taking a decided shift towards out-of-town investment purchasers and short-term letting...

1 day ago

Why good tenants are worth their weight in gold

If you have a great tenant in place it might be advisable to forgo that annual rental increase or at least keep it to a minimum. Here's why...

Issued by Private Property 1 day ago

#BizTrends2017: The year of the mixed-use mall

In the fiercely competitive South African retail sector, the retail and retail development space in 2017 and beyond will include a high-tech, interactive shopping environment in a bid to lure shoppers to centres for longer...

By Gavin Blows 20 Jan 2017

Redefine sells German assets for R1.53bn

Redefine International, the FTSE 250 income-focused, UK-based property group and Israeli pension group Menora Mivtachim have sold four German office assets to a US private equity group for €106m (R1.53bn)...

By Alistair Anderson 20 Jan 2017

Property ownership: planning ahead, a smart move

It may be counterintuitive to think about retirement when buying your first apartment or family home, but according to Bill Rawson, chairman of the Rawson Property Group, planning ahead can be a very smart move...

19 Jan 2017

Steady house prices for Western Cape amid slowing national growth

According to the latest Pam Golding Residential Property Index (December 2016), house price growth in the Western Cape stabilised at just below the 10% mark by the end of 2016, considerably stronger than the national average of 3.9% for December...

19 Jan 2017

Baby Boomers challenging stereotypes of retirement

Baby Boomers are challenging the stereotypes of retirement, grand-parenting, and what type of home they are likely to live in as they age...

18 Jan 2017

Investec fund buys in Australia

Investec Australia Property Fund (IAPF) has bought two office properties to expand its exposure to New South Wales, Australia's largest and strongest-performing economy...

By Alistair Anderson 18 Jan 2017

Create a good first impression without breaking the bank

According to Richard Smith, assistant manager of Pam Golding Properties' Hyde Park office, you really don't have to break the bank to make your home more marketable...

17 Jan 2017

New Year's resolutions for home buyers

A New Year's resolution to purchase property will improve your life but will require financial commitment and discipline....

Issued by Private Property 17 Jan 2017

Atlantic on target with its forecast

Atlantic Leaf Properties Limited says it is on track to achieve its earnings forecast and a full-year distribution of 8.5 British pence per share for its 2017 February financial year-end...

By Alistair Anderson 17 Jan 2017

'Intrusive' Oracle plans put on hold

Cape Town planners have been sent back to the drawing board in a five-year battle over the "intrusive" addition of four floors to a city centre building...

16 Jan 2017

Busier malls help New Frontier profit

The Rebosis subsidiary will look for opportunities in mainland Europe likely to include non-retail assets...

16 Jan 2017

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