The effects of the ratings downgrades are beginning to hit home, throwing the country into an economic recession. A significant contributor to the decline was the 2.3% fall in household expenditure, an indicator of just how much consumers are feeling the pinch. This could have a dampening effect on home selling and home buying for the rest of the year.
Harry Hattingh 1 day ago
Habitat for Humanity's Solid Ground Campaign in association with the Urban CSO Cluster of the Global Land Tool Network (GLTN) of UN-Habitat hosted a conference focusing on land governance and management in Africa in Pretoria earlier this week. Influential women from across Africa shared their findings on (among other things) land policy initiatives, including women's rights to own land.
1 day ago
The National Home Builders Registration Council's (NHBRC) Disciplinary Committee has imposed a fine of R1.6m on a developer after failing to enrol residential units which were under construction at Elarduspark in Gauteng.
1 day ago
While the South African Property Owners Association (SAPOA) Retail Trends Report recorded a turnover growth of -4% for the first quarter of 2017, Liberty Promenade in Mitchells Plain has remained resilient producing positive trading density growth year-on-year. The shopping centre's turnover grew by 11% in the year to May 2017 compared to the same period in 2016 and it has reported an improvement in the spend per head.
3 days ago
The government has spent R33bn since 1994 buying land for land reform, Rural Development and Land Reform Minister Gugile Nkwinti says. In 1994, the government set a target of handing 30% of agricultural land to black recipients by 2014. A recent report by the Bureau for Food and Agricultural Policy said more than 20% (18 million hectares out of 82 million hectares) of the farmland has been transferred or financially compensated for to date.
15 Aug 2017
NEW YORK, US - As the retail industry churns in the Amazon era, American shopping malls are turning to a new generation of stores, food and entertainment offerings to make up for an exodus of department stores.
15 Aug 2017
The conventional view is that insecurity of land tenure results from the lack of a registered title deed which records the property rights of occupants of land or housing. Across Africa, many governments and international development agencies are promoting large-scale land titling as the solution.
Ben Cousins 15 Aug 2017
RP Invest specialises in the procurement of repossessed and distressed properties in selected areas in the Western Cape at discounted prices.
RP Invest 14 Aug 2017
Buyers who have found the right home will be eager to know whether their offer will be accepted by the seller or whether they need to keep looking. Being in a state of limbo can be frustrating, which brings about the question - once an offer has been made, how long does it remain a valid offer before it lapses?
Adrian Goslett 14 Aug 2017
Capital & Regional, the retail fund listed in the UK and SA, grew its interim dividend 6.8% in the six months to June, thanks to a strong performance from its shopping centres.
Alistair Anderson 14 Aug 2017