When the Tower Property Fund assembled its portfolio and listed on the JSE in July 2013, it announced a clear strategy of generating competitive investment performance by adding value through property asset management and the cost effective greening of the portfolio, resulting in lower operational expenditure, increased tenant retention and lower vacancies.
10 Mar 2014 13:51
In good times and bad, investment in real estate has proven difficult to beat by almost any measure. While world stock markets have had a good run, the fickle nature of excessively high price/earnings ratios has brought a nervousness that, for many, is difficult to live with. Equally, gold has been erratic in its performance.
7 Mar 2014 10:56
One of the big advantages of dealing with an experienced bond originator - or an estate agent who has been trained to help and mentor his buyers - is that the buyer will not be confronted as the sale nears fruition with a range of extra costs that he was quite possibly never aware of.
7 Mar 2014 07:00
The agricultural sector grew employment by 65,000 between 2009 and December last year, says Economic Development Minister Ebrahim Patel.
5 Mar 2014 07:33
Growthpoint Properties‚ the biggest JSE-listed real estate investment trust (Reit) that operates in South Africa‚ managed to grow its distributions 8% to 78.5c per share in the six months to December last year.
By Alistair Anderson 5 Mar 2014 10:18
Regardless of the economy and the rising interest rate, property remains one of the best ways for the average South African to accrue wealth.
5 Mar 2014 12:06
Recent real estate trends show increasing local and international interest in property in the Cape Winelands. Price competitiveness, excellent value, a healthy variety of lifestyle and homeowner options, proximity to Cape Town and the truly magnificent surroundings are just some of the reasons that local real estate agents have identified as fuelling the keen attention of a range of property buyers.
5 Mar 2014 11:33
The laws that govern rental properties have changed in recent years and many now believe that tenants enjoy more rights than the actual owner. A landlord can no longer, for example, simply evict a defaulting tenant. There are strict legal guidelines that apply and certain steps have to be followed in order to remove an erring tenant.
Issued by Private Property 4 Mar 2014 10:53
A surge in demand for modern new office space in Johannesburg is resulting in many of South Africa's blue chip companies relocating to the bustling Atlas Road, alongside the site of the planned OR Tambo Aerotropolis.
3 Mar 2014 12:03
The recent performance and resurgence have indeed endorsed that the real estate sector of Dubai is all set for touching vertical highs. Rising sale and rental prices of properties in Dubai are once again enticing investors to funnel investments in this sparkling market and materialise notable returns.
By Shehryar Qureshi 3 Mar 2014 11:22
Investec Property, which operates Investec Australia Property Fund (IAPF), has announced that the fund has purchased an A-grade commercial office building in the Garden City Office Park, located 15km south of Brisbane's CBD in one of Queensland's fastest growing precincts. This prime property was purchased for AUD 20.95 million at a yield of 8.25%.
28 Feb 2014 12:01
One of the common mistakes made by potential home buyers is that they have somehow picked up the idea that if they have substantial assets these will qualify them for a mortgage bond.
27 Feb 2014 13:46
Homecoming Revolution's London Expo will take place from 15-16 March 2014 and will feature a variety of exhibitors, guest speakers, workshops and case studies aiming to encourage Africans to return home.
25 Feb 2014 09:20
When it comes to finding the right tenant to place in your investment property, there are some important considerations to take in to account when deciding on the type of mandate to give your rental agent.
25 Feb 2014 13:19
Shoprite Holdings has committed to a 10-year lease in The Green Precinct at Gosforth Business Park, one of Improvon's flagship developments in Gauteng. Grant Lewington, business development executive of Improvon, has confirmed that Shoprite's lease commenced in January 2014.
25 Feb 2014 10:33
Trafalgar Property and Financial Services is pleased to announce that it now offers its clients the benefits of Rentshield as an additional service. Rentshield is a unique property letting management tool which enriches Trafalgar Properties' service offering and adds value to the level of service provided to clients.
24 Feb 2014 16:06
Specialist shopping centre real estate investment trust (Reit) Hyprop Investments reported a distribution of 231c a unit, up by 9.5% increase for the six months to December.
24 Feb 2014 08:02
Sandton, destination Gauteng moved a step up in terms of reaffirming its standing as South Africa and Africa's economic hub with world-class support infrastructure for investors, tourists and business alike with the opening of the Gauteng Investor Centre (GIC) in Sandton by Premier Nomvula Mokonyane.
21 Feb 2014 15:02
The controversial e-toll system is likely to lower property prices in neighbourhoods on toll routes, according to Marina Constas, a specialist sectional title attorney and a director at BBM Attorneys.
21 Feb 2014 09:41
The Cape Quarter Lifestyle Village, situated in Green Point, Cape Town, has recently undergone several changes and has experienced rapid regeneration through the efforts of managing agents Spire Property Management and the owners of the building, the Tower Property Fund. Among the changes is a new line-up of retail and office tenants.
21 Feb 2014 12:43
Receive free email newsletter
Tell a friend about us