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Property & Real Estate

Weekly top stories
CT rental market set to boom
Samuel Seeff, chairman of the Seeff property group, says business and leisure tourism along with the continued migration of people to the Cape metro is set to boost the rental market... read


Property
March of the brand managers

Issued by Bizcommunity.com

This month on Bizcommunity we're very excited to be revealing to you the people behind some of your favourite and award-winning brands. Those unsung heroes responsible for the custodianship of brands - the brands you do business with, work for and love... read
Commercial
Green light for Walvis Bay shopping mall development
The development of a new R650 million mall in Walvis Bay, Namibia, has been announced. Atterbury is the joint developer and co-owner of the newly named Dunes Mall, previously called the Erongo Mall development. Bulk earthworks on the mall began in November 2015 and it is due to open to the public late in 2017... read
Construction & Engineering
Profica to manage York Commercial Park in Zambia
Profica property and construction solutions company has been appointed as project manager for the newly launched York Commercial Park development in Lusaka, Zambia... read
Flanagan & Gerard announces new company structure
Flanagan & Gerard Property Development & Investment has announced that co-founders Patrick Flanagan and Peter Gerard will jointly chair the group... read
Africa Rising to develop KZN properties worth R1.6bn
KwaZulu-Natal property development company Africa Rising has purchased properties worth R300m from Tongaat Hulett Developments during 2015. They plan to roll out over R1.6bn worth of developments in the Umhlanga Ridge area... read
Industrial Property
Redefine invests in prime Cape Town property
With an investment of R108m, Redefine Properties is now the majority shareholder of Brackengate 2... read
Growthpoint, CSI conclude multifaceted transaction
Growthpoint Properties and Consolidated Steel Industries (CSI) have concluded a multifaceted transaction that will bring several of CSI's operations in Gauteng together under one roof in Isando... read
Private developers will have to cough up for roads
Gauteng wants property developers to help pay for the province's roads. At the opening of the second phase of the William Nicol Drive upgrade... read
Market & Investments
Offshore property race hots up, but analysts cautious

Joan Muller

Offshore diversification among domestic property stocks continues apace, with sector heavyweight Redefine Properties being the latest among a bevy of South African real estate companies to announce foreign deals in recent months... read
Advantages of investing in real estate
Many astute property buyers who have followed the key principles of property investment have been able to reap the rewards of their actions and see good returns on their investment... read
2016 Budget helps restore confidence in SA - Dr Andrew Golding
While transfer duty on property sales above R10m is to be raised from 11% to 13%, which in essence represents a form of wealth tax, coupled with an increase in capital gains tax, the National Budget delivered was an inclusive budget... read
Property Management
Ace hoteliers to add new Silo and historic Matjiesfontein to portfolio

Brian Berkman

Veteran hotelier Tony Romer-Lee has been hard at work revitalising the Spier hospitality offering and now adds two major projects to his PMR consultancy... read
National Treasury reviews property leases
CAPE TOWN: A government expenditure review has found that government could save 20% on its current property leases over the next three years... read
Rental
Key elements to consider when renting out a property
Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa, says that owning and letting out a rental property can often be an involved process that can demand a reasonable amount of time, depending on the circumstances... read
Residential
Property buying trends in the Western Cape
Buying trends in the property market in Cape Town vary according to price bracket and area, but there are often some overarching themes to be found... read
Home sellers need to know what buyers can afford

Richard Gray

When times get tough in the real estate market, home sellers really need to know what prospective home buyers can afford, so they can set their asking prices accordingly... read
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