Are the property and construction sectors improving?

Only 49% of firms in the property and construction sector are optimistic about the outlook for the coming year based on figures compiled by Grant Thornton's International Business Report, according to a Business Report report. 19 Jun 2012 15:12

Construction industry picking up steam?

According to a Business Live report, confidence in South Africa's construction industry appears to be rising according to figures released by Stellenbosch University's Bureau for Economic Research report with the index rising to its highest level since 2009. 19 Jun 2012 13:59

Real estate investment conference offers insight into future opportunities

The 10th annual Investment Property Databank (IPD) Property Investment Conference, entitled '10 Years Back - 10 Years Forward', recognises a decade of SA property and sets out to provide professionals with valuable strategic insight to tackle the opportunities of the next 10 years. It is set for 18-19 July 2012 in Cape Town. 19 Jun 2012 09:27

Property fund investors look long-term

Listed property funds that display quality long-term earnings prospects are increasingly being selected by investors. This is boosting total returns, including income and capital growth. For the year to date, Arrowhead B, which was launched last year as a result of Redefine Properties unbundling, is the strongest performer. 18 Jun 2012 10:55

Ascension Properties at the ground floor

The real estate listing boom continues with Cape Empowerment spin-off Ascension Properties making its JSE debut last week. That brings new property listings since April 2011 to nine. The sector's market cap is now pushing R170bn, up from R133bn a year ago. 18 Jun 2012 10:48

Tips for reaching the top in the property industry

[Shirley King] I would like to share 10 things that every property agent (aspiring or current) should know. 14 Jun 2012 13:03

Property sector code for B-BBEE gazetted

PRETORIA: Trade and Industry Minister Rob Davies has gazetted the Property Sector Code for Broad-Based Black Economic Empowerment (B-BBEE), heralding a new era of compliance for the property sector. 14 Jun 2012 12:12

Devco Group establishes affordable housing division

The Devco Group has established an affordable housing division to address the backlog in providing quality affordable homes with a focus on sustainability. The group has launched the Tuscany Views development in Blue Downs, Cape Town, which consists of a total of 85 units with a price range of R500 000 aimed at the affordable market. Of these, 36 were sold and construction commenced early in June 2012. 14 Jun 2012 11:00

Major infrastructure and property development on West Rand

At least R5bn worth of new infrastructure and property projects are on the cards for Mogale City on the West Rand which is aiming to become one of the top economic growth areas nationally. And the residential property market in the area is already taking off as a result, says Gerrit Alberts, manager of the local RealNet franchise, with many business executives now choosing to live in its upmarket hillside suburbs. 12 Jun 2012 15:35

Home sellers must be specific about fixtures, fittings

Since the inception of the Consumer Protection Act (CPA) it has become more important for home sellers and their agents to be very specific, clear and honest about what they are selling. 12 Jun 2012 10:18

GP leading in housing delivery - Mmemezi

[Nthambeleni Gabara] JOHANNESBURG: Gauteng is leading the other eight provinces in terms of building houses and upgrading hostels, says Local Government and Housing MEC Humphrey Mmemezi. 11 Jun 2012 15:37

Tshwane has bold vision for development

[Thabang Mokopanele] Tshwane, one of the largest metropolitan areas in SA, is opening a new chapter by developing the municipality into a first-class destination for visitors, investors and residents with a long ranging development vision. 11 Jun 2012 15:17

The changing face of commercial property management

[Marc Edwards] The role of commercial property managers in South Africa has changed and continues to evolve. The increased vacancies and debtors of the last few years has resulted in asset managers and property managers working more closely together not only to ensure that the day-to-day cash flow of properties is protected, but also to look for income-adding opportunities of strategic value for clients' properties and portfolios. 11 Jun 2012 13:11

Nedbank, Collins Group sign R354 million agreement

Nedbank Corporate Property Finance recently announced the successful conclusion of a finance agreement with the Collins Group that will enable the Durban-based property developer to construct a 51 000m² distribution facility in Willowton, just outside Pietermaritzburg. 11 Jun 2012 11:12