24 Jul 2012

Property & Real Estate

 



Calling the ladies

According to the Business Women's Association (BWA) 2012 Women in Leadership Census, women make up 43.9% of the workforce but constitute only 17.1% of all directors. Hence, the BWA reckons that more women are needed at board level.

While on the media front, the High court in Pretoria has ruled that the Glynnis Breytenbach disciplinary must be open to the media - and that's good news for transparency.

"It is of the utmost importance that the media has access to this disciplinary hearing...‚" Judge Ronel Tolmay ruled.

Meanwhile, down in the Western Cape, Premier Helen Zille says the province is helping to capacitate municipalities. That makes great sense, because that's where service delivery literally hits the ground - and in far too many cases around the country, virtually stops dead in its tracks.

And finally, another one for you petrol heads out there, our man with the eyes of an eagle, the speed of a swift, Henrie Geyser, reckons the new Chinese MG won't ruffle any feathers. He reckons it's a bit bland... nothing like him, then - though we all know he's anything but bland new.

Rod Baker, content director

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Editorial news

Commercial


Tyson Properties awarded sole mandate for Hawaan Forest Estate
Tyson Properties has been awarded the sole mandate to market one of the most remarkable estates along the KwaZulu-Natal coastline - the Hawaan Forest Estate in Umhlanga which is bordered by the last remaining strip of the indigenous dry coastal dune forest that once grew along the entire North Coast as far as Westbrook. Read more >>

Sycom buys Woodlands Office Park
[Roy Downing] Listed property unit trust Sycom Property Fund acquired the remaining 60% interest in Woodlands Office Park from AECI Pension Fund for about R1,4-billion. Read more >>

Corporate Social Investment


Chas Everitt property group supports Mandela Day
The Chas Everitt International property group has committed its support to Mandela Day, yesterday, 18 July, by giving away 1 000 warm winter blankets to various organisations around the country that care for needy people. Read more >>

Property Management


Now is the right time for first-time buyers - ooba
According to the latest statistics of the mortgage originator ooba, June was the 14th consecutive month of price growth for first-time property buyers, and the eighth consecutive month of growth in overall residential property prices. The average price paid by first-time buyers in June is up 13% to R682 042 from the same month the previous year, and 52% of the home loan applications received by ooba in June were from first-time buyers. Read more >>

Rental


Buy-for-rent a sound investment in Johannesburg's northern suburbs
The rental market in estates like Dainfern, Fourways Gardens and Cedar Lakes in Johannesburg's northern suburbs is more robust than ever, making properties in these areas a prize investment that can deliver sound returns. This is at least partly attributable to the strong demand from corporations, especially multi-national companies doing business in South Africa, says Jason Shaw, manager of the Fourways/Dainfern office of Pam Golding Properties (PGP). Read more >>

Residential


Engel & Völkers offers assistance for prospective homeowners
Most people become overwhelmed when it comes to the process of purchasing or selling a property as it includes a lot of terms and forms that they may not be familiar with. Engel & Völkers offers highly trained property specialists who work closely with an in-house financial service provider to ensure that prospective buyers or sellers are assisted every step of the way. Read more >>

FNB property survey indicates improvement in confidence
The picture for the second quarter of 2012 given by the FNB Estate Agent Survey for the City of Cape Town is one of further improvement in confidence in the region's residential property market. However, the survey may be hinting at seller optimism, keeping prices unrealistically high. Read more >>


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Abel Chigeza
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