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Property & Real Estate

Weekly top stories
#DesignMonth: The R1bn rebirth of Sun City
[Sindy Peters] Sun City's been around since 1979, and in order to stay relevant, it's had to innovate and reimagine its offering over the years... read



Design Month
#DesignMonth: Muizenberg, connecting people and place
10 years ago it was downtrodden, now Muizenberg is the up-and-coming place in Cape Town... read
More ...
Commercial
Co-developers extend Musina Mall
The Moolman Property Group and Investec Property Fund have announced the extension of the existing Great North Plaza Shopping Centre. The co-developers broke ground for the new development on 16 November 2015, and the anticipated date of opening is April 2017... read
Depreciation of rand a concern for retail margins in 2016
JLL South Africa has released its Q4 2015 research reports for the Johannesburg retail market, office market, and industrial market, as well as the Cape Town office market... read



Construction & Engineering
CDC performance targets in reach for 2016
The Coega Development Corporation (CDC) says it is poised to reach its performance targets for the 2015/16 financial year... read
Industrial Property
Industrial parks revival a boost for jobs
The revitalisation of state-owned industrial parks will promote industrialisation and increase their contribution to job creation and South Africa's economic growth, says Trade and Industry Minister Rob Davies... read
Atterbury ready with Gosforth Park development
Atterbury will develop an R850 million industrial and business park, providing for blue-chip light industrial users requiring big-box logistics warehouses as well as showrooms and offices... read
Market & Investments
RMB Westport aims to invest in sub-Saharan real estate developments
The property development and investment group, RMB Westport, has announced the first close of its second fund, the RMB Westport Real Estate Development Fund II, raising just under $250m... read
Real estate is globally the pre-eminent asset class
According to calculations by international real estate adviser, Savills, the total value of all developed real estate on the globe reached $217tn in 2015... read
Property Management
Choosing the right agent imperative for successful sale
For most home owners, the home they live in will be the largest financial asset they will ever own, so it is imperative that the person they choose to handle the sale of their property is from a reputable and professional real estate agency with the right attributes... read
Residential
Best way to avoid overpricing of a property
The accurate valuation of a home can have an exceptional positive effect on the ease and speed of a sale... read
Renishaw to proceed with Mpambanyoni Conservation Development
Renishaw Property Developments, a subsidiary of Crookes Brothers Limited, has received consent to develop the Mpambanyoni Conservation Development on the KwaZulu-Natal south coast... read
Income tax benefits of owning a property
Paying a bond on one property, proclaiming it to be your main residence and not owning any other property or earning any additional income from your home, means that you will not necessarily benefit from any tax exemption or cash flow gains from personal income tax claiming every year end... read
Should you fix your home before putting it up for sale?
According to Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa, a homeowner will have to make the tough decision of whether it is best to delay putting the property up for sale and making the necessary repairs, or taking the knock on the asking price and selling the home as it stands... read
Joint home ownership - what happens if you break up?
According to Bill Rawson, chairman of the Rawson Property Group, it's very common for unmarried couples to buy property together. What isn't considered sometimes is what happens if things go wrong between the two of you... read
Can a new owner be liable for old owner's municipal debts?

Chantelle Gladwin

A judgement by the Supreme Court of Appeal in City of Tshwane Metropolitan Municipality v PJ Mitchell, on 29 January 2016, has opened the way for municipalities to take legal action against a present owner of a property for debts owed to it by former owners... read
Business
Building your profile in the business world
In this world, you ultimately receive exactly what your inward authentic self truly feels you deserve, no more and no less. Building your profile in business is very much about building your profile in life... read
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