Rental property market stays under pressure in Gauteng

Currently the demand in the commercial property rental market in Gauteng seems to be fairly lacklustre and on a whole this situation is set to continue for quite some time. This is the opinion of Rodney Luntz, MD of High Street Property Co. 23 Nov 2011 12:02

Growth in dollar milionaires can stimulate luxury homes market

The forecast by Credit Suisse that the number of dollar millionaires in South Africa will grow almost threefold over the next five years, from 71 000 to nearly a quarter of a million, reinforces the groundswell of renewed confidence in the future of the country's luxury residential property sector says Ronald Ennik, a specialist marketer of high priced homes in Gauteng. 31 Oct 2011 10:07

New retail development in Mpumalanga

Resilient Property Income Fund, one of the largest retail property investors in the Mpumalanga and Limpopo province, started development yesterday, 3 October 2011, on the new Burgersfort Mall regional shopping centre, scheduled to open in April 2013. 4 Oct 2011 10:51

Wealthy people are not spending says Absa

South Africa's most affluent consumers are increasing their levels of personal liquidity and postponing spending on expensive goods according to Business Report. It says that the Absa Private Bank analysis of customer behaviour shows that people are adopting a debt reduction strategy. 8 Sep 2011 11:32

FNB releases Residential Fixed Investment Review

Residential fixed investment has been hard hit in recent years by the lagged impact of the 2008 recession and residential property market slowdown, which in turn was caused by a global recession along with significant interest rate hiking from 2006 to 2008. 23 Aug 2011 12:15

SA business not exempt from global financial crisis

South African businesses are not immune from the ill-fated doom and gloom affecting Europe and America. Its affects are more far reaching than the banking crisis of 2008 and of course the resultant credit crunch, which shook Governments, business and consumer confidence. 18 Aug 2011 12:02

Large industrial users look for space around OR Tambo

Companies requiring cold-storage facilities and other large industrial users are leasing industrial space in areas around OR Tambo International Airport, including newer areas such as Meadowdale and Jet Park, according to Lee Greyvenstein, leasing and sales broker for JHI property services group. 1 Nov 2010 09:42

Junction.co.za brings new dimension to advertising

The newly launched Junction.co.za is specifically focused on the topics of jobs, vehicles and property. It is a new way for seekers and advertisers to come together and openly discuss and share ideas or knowledge around these topics. 23 Nov 2011 16:25

Reviewing, forecasting property trends: Part 2

[Dr Andrew Golding] In part 1, I discussed the international property market, the revival of the SA housing market, and the renewed interest of developers to the field. Today, I'll delve into market trends by region. 23 Nov 2011 14:51

The Business Centre

Seaside business with Umhlanga office space: coming soon

The buzzing residential, commercial and resort suburb of Umhlanga offers the perfect office space location for any type of business. The Umhlanga Business Centre is ideally situated in the focal point of business in KwaZulu-Natal. This state-of-the-art business centre offers fully equipped and serviced office space. Whether you are wishing to expand your business and open a branch in KZN or you are looking for new office space, we have what you want! 16 Nov 2011 23:18

Stopping urban decay of Pretoria - wrecking or renovation

[Jan Oelofse] Despite the efforts of dedicated officials, who have visions of creating a world-class capital city, the strengths and potential of the Pretoria CBD are not being capitalised on and this strategic location faces the threat of urban decay. 16 Nov 2011 10:05

AgriSA: Motlanthe's views are 'breath of fresh air'

According to IOL, agricultural organisation AgriSA agreed with deputy president Kgalema Motlanthe's views that the law did not need to be changed to achieve land reform, saying that Motlanthe's remarks were a "breath of fresh air". 15 Nov 2011 14:39

Sharemax investors due in court again

City Press says that directors of the ailing Sharemax property syndication companies have assets worth R250 million in trust funds and companies owned by former Sharemax managing director Willie Botha and his marketing manager, Andre Brand. 15 Nov 2011 10:48