Mara Delta launches island subsidiary
Mara Delta launches island subsidiary

Pan-African property fund Mara Delta is setting up a subsidiary to house its strongly performing hospitality assets, which it will list on the Stock Exchange of Mauritius. The group wants to offer exposure to hotels, which are booming in Mauritius, and pay investors regular dollar-denominated dividends.

By Alistair Anderson 1 day ago

Globally known brands a drawcard for malls
Globally known brands a drawcard for malls

Despite weak economic and retail sales growth, multinational retailers are hungry for space in SA's shopping malls.

1 day ago

Atterbury's fourth retail development in Ghana opens in April
Atterbury's fourth retail development in Ghana opens in April

Atterbury's fourth successful retail development in Ghana, the US $95 million (R1.2 billion) Kumasi City Mall opens on 20 April 2017 in Kumasi. Its first trio of successful developments in the country is in Ghana's capital Accra - Accra Mall, Westhills Mall and Achimota Mall.

2 days ago

Cooling-off period only applicable in certain instances
Cooling-off period only applicable in certain instances

Once an offer to purchase has been signed by both the buyer and seller, it immediately becomes a legal and binding sale agreement. In fact, the buyer will generally have already signed the contract before it is presented to the seller, which means that buyers need to be certain that they want to purchase the property before they sign the agreement.

By Adrian Goslett 2 days ago

Commission cutting is not the answer in a market downturn
Commission cutting is not the answer in a market downturn

Estate agent commission cutting on home sales, which was rampant during the 2008 economic downturn, is making a re-appearance in the current residential property market downturn.

By Ronald Ennik 2 days ago

Accurate property valuation key to speedy, successful sale
Accurate property valuation key to speedy, successful sale

The highest appraisal is not necessarily the best appraisal; the valuation of a property is one of the key factors in determining how long it remains on the market and for a seller it's crucial that an accurate, market-related price be ascribed to a home.

3 days ago

What happens to a home when the owner passes away?
What happens to a home when the owner passes away?

The answer depends on whether the owner had a will or not says Bruce Swain, MD of Leapfrog Property Group.

3 days ago

Rules for renting property to family
Rules for renting property to family

Renting out a property is a business and should be treated as such regardless of who the tenant is. Here's what you need to know when renting to family.

Issued by Private Property 24 Mar 2017

Official opening of expanded Ballito Junction Mall
Official opening of expanded Ballito Junction Mall

The Mayor Cllr Ricardo Mthembu and the Honourable Minister Ngoako Ramatlhodi have officially opened Ballito Junction Regional Mall in KwaZulu-Natal. The owners, professional team, local and provincial government officials and dignitaries, as well as thousands of shoppers attended the ribbon-cutting ceremony.

24 Mar 2017

Shift noted in nature of SA hotel development
Shift noted in nature of SA hotel development

The nature of hotel development in South Africa has shifted, says Wayne Troughton, CEO of HTI Consulting, along with the manner in which such developments are funded and owned.

24 Mar 2017

What's the big deal with rental inspections?
What's the big deal with rental inspections?

Incoming and outgoing inspections are required by law under the Rental Housing Act. Despite this, many people consider inspections to be a formality at most. Jacqui Savage, the Rawson Property Group's national rentals development manager, explains why this can be a very dangerous stance to take.

24 Mar 2017

My home's not selling, what's wrong with it?
My home's not selling, what's wrong with it?

You've put your home on the market and although potential buyers are coming to view the property, they don't seem to be making any offers. So what's the problem?

Issued by Private Property 23 Mar 2017

Property group Globe Trade Centre opens the door to regular dividends
Property group Globe Trade Centre opens the door to regular dividends

Poland-based real estate group Globe Trade Centre (GTC), which develops and manages properties in eastern Europe, has decided to pay regular dividends, thanks to a better than expected performance since listing in August 2016.

By Alistair Anderson 23 Mar 2017