25 Sep 2012

Property & Real Estate

 



We are marching in Pretoria

It's that bill again, and since the ANC caucus in parliament has called for an end to debate and for the contentious bill to be voted through in its present form, R2K is to march in Pretoria on International Right to Know Day - 28 September 2012. The opposition to this bill will continue as long as government stonewalls on key amendments.

On the crime front, according to the latest stats, KZN has recorded the largest drop in murder cases. That's scant comfort for the families and friends of murder victims. Gauteng, however, although recording some of the biggest decreases in key crimes, still tops the list as the most crime-ridden province.

Here's some sweet news for you... According to this report, if SA adopts new technology that Brazil has been using, technology 'can double sugar cane yields' in this country.

Get your wallet out... It looks like e-tolling could be here to stay, and that concerns the Opposition to Urban Tolling Association (OUTA). One of its main concerns is that the voices of Gauteng motorists, who will have to pay to use the roads, were not heard in the Constitutional Court. E-tolling is almost certain to have an impact on inflation: every company operating in Gauteng, or with employees in Gauteng, or having dealings with any company that operates there or has vehicles passing through there, will face increased costs. And you know they will have to pass them on.

So don't think you're home free because you happen to live in any of the other provinces. You'll also be paying.

Rod Baker, content director

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Property & Real Estate


South Africa's property sector at R4.9 trillion, research creates knowledge hub
The Property Sector Charter Council, having commissioned the first study of its kind in South Africa, has announced that the South African property sector is worth R4.9 trillion. Read more >>

Security is more important than price - Privateproperty.co.za
Recent research into the property industry shows that price is not necessarily the major influence on the purchasing decision for buyers. Instead, buyers look at security first when making their decision. This comes after South Africa's leading online portal, Privateproperty.co.za conducted research with 312 agents across the country to ascertain trends in the property industry in South Africa. Read more >>

Commercial


Cape Town's R3bn CBD boom
Tower cranes sprouting across Cape Town central business district's (CBD) skyline signal enormous confidence in its future, says Rob Kane, chairman of the Central City Improvement District (CCID). Read more >>

Property Management


Capital Property and Ascension agree on sale
[Roy Downing] Retail‚ corporate and industrial property unit trust Capital Property Fund (CPL) on Tuesday, 18 September 2012, announced it had agreed to sell a portfolio of property letting enterprises to Ascension Properties (AIA) for R989 million. Read more >>

Rental


Luxury Portfolio International releases latest magazine
CHICAGO, US: The fall edition of the Luxury Portfolio International Magazine is now available on newsstands and is also being offered online. The publication, produced biannually by the real estate network Luxury Portfolio International, focuses on spectacular homes and trends in luxury living. Read more >>

Residential


Current trends in the residential property group
Over the past few years, there's been some dramatic changes in global property trends. But where does that leave us in South Africa today? What is today's buyer's approach to purchasing a home, and more specifically, what is the current state of the market in relatively stable and sought after property markets in the upmarket suburbs of Durban North and La Lucia in Durban, KwaZulu-Natal? Read more >>

Growing demand in bond applications - Rawson Properties
Rawson Finance, the bond origination division of the Rawson Property Group, fielded almost 20% more applications for bonds in August than they had received in July - an impressive 36% up on August 2011. Read more >>

Seminar offers useful hints for buyers, sellers
An informative property seminar which will provide useful, expert advice for anyone considering selling their property or investing in a new home will be held on Tuesday, 2 October from 5-pm at the Maritzburg Golf Club in Kwa-Zulu Natal. Read more >>


International
Leading Real Estate Companies of the World expands global footprint
CHICAGO, US: Leading Real Estate Companies of the World (LeadingRE), a global brokerage services network of 500+ real estate firms with 140 000 associates worldwide, has added 27 new firms with nearly 60 offices and 2000 associates this year in the US and nine countries abroad. Read more >>

More International...


Company news

Property Management


Is green investing the way to go? - Private Property
South Africa's construction industry is going green with energy-efficiency building regulations having come into effect in November last year, which are aimed at boosting green architecture. Read more >>

Our jobs portal - value for your money - Bizcommunity
Since the very beginning, back in 2001, we at Bizcommunity.com have put you, our customers, clients and readers, first. And that is nowhere less true than in having industry jobs available on the site. Read more >>

Rental


"Generation Rent" brings opportunities for property investors - Private Property
[Cathy Nolan] Recent recessionary times have brought about more than a depressed property market: the state of the global economy seems to have influenced an entire generation's opinion on home ownership. Indeed, international estate agency Engel & Völkers has even named this investment-averse sector of the population: Generation Rent. Read more >>


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