Image source: Knight Frank Atlantic Seaboard
Cape Town sees substantial drop in rental prices

Rental prices in Cape Town have dropped by as much as 30% in recent months, according to Gail Cawood, Knight Frank letting manager. The dip is a result of a surge in sectional title development, penny-wise tenant behaviour and continued economic and political uncertainty, she says.

3 hours ago

Now's an opportune time to get onto the property ladder. Here's why
Now's an opportune time to get onto the property ladder. Here's why

First-time buyers with funds at their disposal are currently well-placed to gain an initial foothold on the property ladder. Particularly in the light of interest rates remaining at historic lows, banks continuing to compete for mortgage finance business, and the slightly lower growth rates currently experienced in residential property values.

6 hours ago

Broll releases latest research report on SADC property market
Broll releases latest research report on SADC property market

Broll Property Group has released a new report, SADC Market Snippet 2018, providing the latest property market research on certain SADC (Southern African Development Community) countries. The report is designed to assist potential investors with understanding some of the property market conditions in the region, covering country facts, economic indicators, global rankings on indices e.g. corruption or competitiveness, and key indicators in the office, retail and industrial property markets.

1 day ago

It's not all doom and gloom for SA's property market
It's not all doom and gloom for SA's property market

As South Africans reel from the news of a 2.2% GDP decline in the first quarter of 2018, property experts remain optimistic about forecasts for the remainder of the year. The property market, which has been experiencing some lethargy since early 2017, is not predicted to see any dramatic repercussions as a result of the recent economic bombshell.

By Tony Clarke 1 day ago

Western Cape MEC for Human Settlements Bonginkosi Madikizela addressed the spate of land occupations in a press conference on Thursday, 14 June. Photo: Mary-Anne Gontsana
We can't house everyone, says Bonginkosi Madikizela

Bonginkosi Madikizela, Western Cape MEC for Human Settlements, said it is important for people to realise that government will not be able to house everyone.

By Mary-Anne Gontsana 2 days ago

Jonathan Liebmann, founder and CEO of Propertuity. Image supplied.
Urban renewal: The physical manifestation of innovative thinking

There are few environments where the impact of innovative thinking and a departure from the conventional is more apparent than amidst an urban renewal project; nowhere else is decay so starkly juxtaposed against regeneration and modernisation through cutting edge design.

By Gil Sperling 15 Jun 2018

PropertyFox shares new school feeder zones guide
PropertyFox shares new school feeder zones guide

Having commissioned research into South Africa's feeder zones and catchment area policies, PropertyFox has released its first school feeder zones guide for parents looking to buy property in an area that may secure a spot at one of the country's best schools.

15 Jun 2018

Here's why tourism is so important to the real estate sector
Here's why tourism is so important to the real estate sector

According to Gerhard Kotzé, MD of estate agency group RealNet, there are two main reasons why the tourism industry is so important to the real estate sector. "The first being the jobs that tourism creates directly, and the rising number of people that are thus enabled to become tenants, home buyers and property investors," he explains.

15 Jun 2018

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JLL releases Q1 2018 market reports for key SA markets

JLL SA has released its South African Q1 2018 market reports for key markets across the country, including the office markets in Johannesburg, Durban and Cape Town; the industrial markets in Johannesburg and Durban; and an outline of the South African retail market.

14 Jun 2018

Growthpoint launches R2.4bn healthcare portfolio
Growthpoint launches R2.4bn healthcare portfolio

Growthpoint Properties has launched an unlisted healthcare real estate investment trust (REIT) - Growthpoint Healthcare Property Holdings. The portfolio has received strong market interest, with its first close attracting capital commitments of R285m from third parties. It is expected to raise at least double that again in the next 12 months.

14 Jun 2018

Radisson Hotel Dakar, Diamniadio
Radisson Blu leads in hotel development in Africa

According to the 2018 W Hospitality Pipeline Report, Radisson Blu is Africa's fastest growing hotel brand - already the largest upper upscale brand in Europe.

13 Jun 2018

More and more SA women investing in the property market
More and more SA women investing in the property market

According to a report by FNB, women in property are catching up to men in all aspects of home ownership, including investment. Figures show single women making up an estimated 10.3% of buyers‚ while single male buyers top out at 7.0%. Whether through being employed in more managerial positions or owning their own businesses, South African women are making use of their money wisely.

13 Jun 2018

IREM swears in internationally certified commercial property managers n Joburg. CPM instructor Fred Prassas also pictured here.
IREM swears in Africa's first internationally certified CPMs

The Institute of Real Estate Managers (IREM) recently hosted a swearing-in ceremony of the first cohort of nine internationally certified commercial property managers (CPMs) in Africa.

13 Jun 2018