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Property & Real Estate

Weekly top stories


Cape Town voted one of the top relocation cities
Research carried out by deVere Group indicates that 15% of its UK-based clients under the age of 35 claimed that Cape Town would be their number one choice for relocation if they were to leave the UK. Read more >>


Property
Why biodiversity enhances property values
All real estate role players have a responsibility with regard to biodiversity within the urban environment, which in turn can enhance the general value of property. Read more >>

A warning against misuse of social media by estate agents
Facebook, Twitter and LinkedIn have proved to be exceptionally powerful tools for keeping in touch with family, friends, business colleagues and previous clients. However, if these online media platforms are used as sales tools, the recipients will react negatively to those sending them out. Read more >>

Commercial
State farms to go to community, youths in North West

Kingdom Mabuza

North West Premier Supra Mahumapelo's pledge to allocate all state-owned farms in the province to community and youth cooperatives has been greeted favourably, but details on how this will be implemented are sketchy. Read more >>

Emira improves its property portfolio

Joan Muller

Though concern lingers about Emira Property Fund's exposure to the older, B-grade office market, the sizable discount of the sector at which the stock is trading doesn't seem entirely justified. Read more >>

London set to become leading hotel market, says HVS
Strong growth in leisure demand is turning London into an increasingly popular tourist destination and as a result, in conjunction with the current property boom, the capital city is set to become a leading hotel market. Read more >>

Accelerate's performance outstrips forecast
Retail-focused Accelerate Property Fund, whose flagship property is Johannesburg's R2bn Fourways Mall, has released its maiden results for the year to March ahead of its pre-listing forecast. Read more >>

Property Management
Marriott sees SA's hospitality growing

Nick Hedley

Global hotel chain Marriott International - which has entered the South African market via a buyout of Protea - expects strong long-term demand growth in the domestic tourism and hospitality sector. Read more >>

Safari expects portfolio to double in value

Nick Hedley

Recently listed township mall owner Safari Investments (SAR) expects additions to its portfolio to more than double its asset base to R3bn within three or four years. Read more >>

Rebosis is not rushing to buy 100% of Ascension

Nick Hedley and Alistair Anderson

Rebosis Property Fund - which now owns 32% of Ascension Properties in addition to Ascension's management company - is in "no rush" to takeover of the company after a three-way merger collapsed. Read more >>

Three-way BEE merger dumped

Alistair Anderson

The merger of the broad-based black economic empowerment (BBBEE) funds property groups‚ Delta Property Fund and Rebosis Property Fund has been called off‚ with the companies citing bad timing as the issue. Read more >>

Residential
Addressing demand for affordable housing
There is still a huge demand for affordable housing at present and the demand does not seem to be letting up. Read more >>

Local property vs investing abroad
Notions that the rand currency is going to plummet need not result in you rushing headlong into property investments abroad. Read more >>

Stephan Welz partners with Jawitz Properties
Stephan Welz & Co is partnering with Jawitz Properties to offer their clients a premium auctioneering service and thereby the opportunity to sell their homes along with their fine art and valuables. Read more >>

First time home buyers remain key driver in current market
South African bond originator, ooba has released their monthly 'oobarometer' that details the trends and average bond statistics for the month of May. Read more >>


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All industry news


Medical
    Africa first medical tablet wins 2014 Rolex Awards for Enterprise
    Aspen says management comments taken "out of context"

    Retail
      Can you trust your fridge?
      metail24.com arises from rubybox.co.za success

      Government
        Lindiwe Zulu has big job to create jobs
        New R5 coin introduced to celebrate democracy
        New forensic unit to help eliminate corruption in NW

        Mining
          North West to focus on mining towns
          Minister to assess needs of Marikana families
          Zuma welcomes end of platinum strike

          CSI
            Momentum keeps orphans and those in need warm this winter
            Local celebrities support rhino orphan campaign #Rhinos1st
            Tiger Brands launches Mandela Day 2014 food security initiative
            GE invests R700m into skills and SME development in SA

            Finance
              [Money Matters] Taking your money offshore? - Graham Turnbull
              Hewitt wins FPI's Financial Planner of the Year award
              SnapScan useful for convenience purchases

              Agriculture
                African leaders told to Do Agric at AU Summit
                Agriculture to promote careers, to be included in career guidance curriculum
                Fisheries research resumes with Ellen Khuzwayo relaunch

                Building
                  Group Five appointed construction of Nelson Mandela Children's Hospital
                  Lesotho Highlands Phase II to be completed in 2023 - Amukelani Chauke
                  Upgraded Cullinan Road officially opened

                  GreenBiz
                    Rhino Project wins Mail & Guardian Greening Award
                    Ford is top of the green 'tree'

                    HR & Recruitment
                      Bettering the happiness bell curve
                      Social entrepreneurship and social innovation: Reclaiming sustainable development in SA - Paresh Soni, Ahmed Shaikh & Mohamed Karodia
                      The truth hurts - why you didn't get the job

                      Legal
                        Disclosures on Facebook - Jacques van Wyk and Andre van Heerden
                        Repudiation: A "thing writ in water"? - Liuba Stansfield
                        African companies show increased interest in cross-border deals

                        Manufacturing
                          Hefty duties imposed on imported soda ash - Amanda Visser
                          FP&M SETA reveals the way forward
                          Pipes VIII Conference announces sponsors, keynote speaker

                          Education
                            Young leaders to address local challenges at international summit
                            CloudVarsity - new e-learning platform for FET institutions in SA
                            African EduWeek to showcase groundbreaking classroom technology

                            Tourism
                              Tourism marketing: Power to the picture - Mike Saunders
                              Cape Grace to unveil outdoor swimming pool, conservatory area

                              ICT
                                Gartner says businesses need to build digital competence
                                Is Amazon's new mobile a game-changer?
                                Garmin calls for buyers in East Africa

                                Logistics
                                  Gov reaffirms support for localisation of transport industry
                                  Users embrace Transnet's cargo tracking app - Thabiso Mochiko
                                  Augmented reality in logistics can transform industry

                                  Automotive
                                    Toyota researchers recognised for hybrid innovation
                                    VW Communication Division wins Gold Quill Award
                                    Hyundai wins awards for high quality vehicles
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