7 Aug 2012

Property & Real Estate

 



Curiosity wins Gold for NASA

The big news on the science and technology front is NASA's Curiosity rover, in a scientific and technological tour de force, has landed successfully on Mars after a journey of about 800 million kilometres. It's also started sending pictures back - and we publish one of the first of them.

So it's all going to be OK then? The Presidency has assured everyone that education remains a top priority for government. Apparently "The president will not rest until he gets to the bottom of the crisis and finds lasting solutions, working with his cabinet who feel equally strongly about the need to ensure that this does not recur." He's in Jamaica at the moment, by the way...

This should cheer up Cosatu... A youth study has vindicated SA's labour brokers and researchers also found that, shock and horror..."no evidence that people employed by labour brokers earned wages significantly lower than was typical or were employed in sectors of the economy considered less desirable." Still on the HR front, local government has warned that unqualified staff cannot be fired. Brilliant... you can be unqualified, unskilled, incompetent, but you're safe. No wonder service delivery is what it is. But on a much brighter note, Bizcommunity.com has revamped the recruitment business.

Finally, SANParks has upped their game in the battle to save our rhinos. The first group of 150 new game rangers promised to the Kruger National Park (KNP) to boost efforts against rhino poaching has been deployed.

Rod Baker, content director

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Property & Real Estate


Sexwale to intervene at property board
The embattled Estate Agency Affairs Board (EAAB), which has had three acting CEOs since Nomonde Mapetla left more than a year ago, is finally getting much needed attention from the Department of Human Settlements. Read more >>

Finalists for entrepreneur of the year annouced
The 22 finalists of the 2012 Sanlam/Business Partners Entrepreneur of the Year competition have been announced. According to Nimo Naidoo, project manager of the competition, this year has set a benchmark in terms of celebrating entrepreneurial excellence in the country, resulting in encouraging entries from very talented South African entrepreneurs. Read more >>

Commercial


Capital Prop Fund 1st half distribution up 6.12%
Capital Property Fund on Tuesday (31 July 2012) posted a 6.12% rise in its distribution to 33.28 cents per unit in the six months to June 2012‚ from the same period a year ago. Read more >>

Demand for retail property by lower income sector
Propertyloan stock firm Synergy Income Fund‚ which specialises in shopping centres catering to lower living standards measure (LSM) sectors‚ estimated on Monday it would take SA's property industry at least five years to catch up with today's demand for retail by lower income consumers. Read more >>

Digital


New software offers Private Property intuitive navigation
In what is described as a first for South Africa, Private Property has launched its Fusion software that enables agents to list to all portals of choice in one process, without having to double or triple capture listings across multiple sites. It spent eight months building what it believes it is the most advanced agent software in the South African market. Read more >>

Property Management


More mortgages for women under 30 than men, report finds
Research recently compiled by Compuscan for its quarterly synoptic report has indicated that women under the age of 30 were granted more mortgages than men in the same age bracket in the quarter ending March 2012. Read more >>

Retail property 'in demand' for low-income market
[Thabang Mokopanele] Property loan stock firm Synergy Income Fund, which specialises in shopping centres catering to lower living standards measure (LSM) sectors, yesterday estimated that it would take SA's property industry at least five years to catch up with the demand for retail property by lower-income consumers. Read more >>

Property market shows slow but steady growth - Korbitec
The South African property market has continued to show slow but meaningful growth despite a difficult post-debt crisis environment, in which the threat of a double-dip recession still remains a very real possibility. Key indicators suggest that confidence is gradually returning to the market and that a slow road to recovery is imminent. Read more >>

Residential


House prices continue to drop
According to a Business Live report, the price of houses is continuing to decline as the year-on-year growth rate fell from 8,4% in June to 8,3% in July according to figures released by First National Bank. Read more >>

KZN homeowners forced to sell properties
According to an IOL News report, cash-strapped homeowners in KwaZulu-Natal are selling their properties through bank-approved forced sales, rather than have them repossessed and estate agency Chas Everitt said sales of this type accounted for 30 percent of transfers between June last year and July this year. Read more >>


Company news

Property Management


Bizcommunity.com revamps recruitment business - Bizcommunity
Since its launch in 2001, Bizcommunity has always seen the benefit for our readers of having industry jobs available on the site, as well as the benefit to companies looking for applicants and recruiters and recruitment agencies having a targeted audience pool to search for good quality applicants and CVs. Read more >>


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New people on biz

michelle bezuidenhout
Office Manager at HAEMSTEAD ESTATES AGENCY
S. NAIDOO
Property Consultant at Acutts
Jannie Malherbe
Estate Agent at AOV Properties
Rob Taylor
Owner at Taylor Made Storage
Yongama Mabece
Candidate Property Valuer at Growthpoint Properties

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