15 Jan 2013

Property & Real Estate

 



Welcome back

Well, Mangaung has come and gone - as has the end of the world, the festive season and New Year, and we've survived them all and now we're back on stream with our newsletters.

Taking centre stage has been the violent protests by farmworkers in the Western Cape. These protests need to be brought to an end; they're damaging Brand SA and have the potential to seriously curb exports (and hence foreign earnings) as customers overseas turn to more reliable suppliers.

On the education front, the Matric pass rate increased to 73.9% but critics are asking whether a requirement of 30% to pass is enough to equip school-leavers with an adequate standard of education. Many employers reckon not - they're prepared to train new staff in the roles the new recruits will have to take up in the company - but those recruits need to be literate and enumerate to a level that will enable them to acquire and apply their new knowledge properly.

If you're in business, you're in IT... perhaps not directly, but every time you use a computer, you're operating within the IT world. So what are the 23 business attitudes to IT security you should be looking at? Kaspersky Lab research has some answers for you.

Finally, for all you petrol heads out there, our scorchingly good-looking motoring editor Henrie Geyser takes you for a drive in the Mercedes SL 500 and shows off his tough, rugged side with the Land Cruiser 70 double cab.

Rod Baker: Content Director

Submit your company news to propertynews@bizcommunity.com. Exclusive contributions may be sent to contributors-property@bizcommunity.com.

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Editorial news

Property & Real Estate

2013 Construction Industry Outlook
According to the latest FNB/Bureau for Economic Research (BER) Building Confidence Index Survey, confidence in the building sector has risen from 26 index points during the third quarter of 2012 to 32 in the fourth. Read more >>

Top 10 New Year's resolutions for employers
[Johan Botes] Here are some resolutions for 2013 for you that you, as an employer, may well find useful. Get them right now - and avoid any unpleasant surprises during the year. Read more >>

FoxP2 launch new Property24 campaign
[Issued by FoxP2] Property24's "Find Your Perfect Home" TV campaign in 2011, conceptualised and created by FoxP2, saw Property24.com become SA's number one property website with an increase of over 200 000 unique browsers during the campaign. Read more >>  visit press office >>


Commercial

High returns on property may be over
[Nick Hedley] The days of high returns on property portfolios may be over - although analysts and industry leaders believe the sector is still investor friendly, with indices which provide more exposure to smaller, faster-growing property companies tipped to provide the best returns. Read more >>

Arrowhead buys 15 properties
[Nick Hedley] Arrowhead Properties‚ which listed on the JSE 13 months ago‚ said on Monday (14 January) it will buy 15 quality and yield enhancing office‚ retail and industrial properties, as part of a plan to grow its portfolio to R660m in the current financial year. Read more >>

CCMA offers to intervene in farm workers' strike
The Commission for Conciliation, Mediation and Arbitration (CCMA) has offered to intervene in the strike by farm workers in the Western Cape over wage increases. Read more >>

Farmworkers 'burn' investor confidence
[Paul Vecchiatto and Bekezela Phakathi] The Western Cape farm strike took a dramatic turn on Thursday (10 January) as the Congress of South African Trade Unions (Cosatu) said it had "exhausted its social and political capital" in trying to find a solution to the upheaval and that the protests were now effectively "out of its hands". Read more >>

Two new Sun International hotels opened
Hotels and gaming group Sun International has‚ in the past three weeks‚ opened two new hotels with an overall capacity of 420 rooms‚ strengthening its position in the key commercial and tourism markets. Read more >>

No pay unless table grapes are harvested
[Paul Vecchiatto] Western Cape provincial agricultural minister Gerrit van Rensburg has expressed concern the renewed agricultural strike will damage the economically important table grape crop that is ripe for harvesting. Read more >>

Ardor SA seeks R359m from investors
[Roy Downing] New property development company‚ Ardor SA‚ announced on Wednesday (9 January) that it was still in the process of securing cash from various subscribers in order to provide guarantees to enable the transfer of various properties to the company. Read more >>

Listed property returns likely to fall in 2013
[Nick Hedley] The South African listed property sector is unlikely to maintain recent annual returns of more than 30% this year‚ as the office market remains subdued and the possibility of significant interest rate cuts is low‚ according to industry representatives. Read more >>

Most visitors in 83 years went up Table Mountain
Tourism in Cape Town is reaping the benefits of its iconic landmark, Table Mountain, being named one of the New Seven Wonders of Nature, with latest figures showing that the mountain's cableway had a record-breaking holiday season. Read more >>

Western Cape farm workers on strike
The Western Cape braced itself for another round of agricultural strikes starting on Wednesday (9 January) amid fears that the protests may turn violent. Read more >>

Positive outlook for SA hoteliers
SA's hotel operators are generally more upbeat about the outlook of the local industry after a difficult period characterised by a combination of oversupply and lower demand from leisure and business travellers. Read more >>

Fruit boycott is irresponsible says Cape Chamber
Calls for an international boycott of export fruit from South Africa are irresponsible‚ the Cape Chamber of Commerce and Industry said on Monday (7 January). Read more >>

Fish Hoek house prices set to rise
Cape Peninsula property trendwatchers have, on several occasions, commented on the fact that Fish Hoek's average home price is around R1 250 000 while its neighbouring precincts, Clovelly and Simonstown, have an average price of around R2 000 000. Some commentators predict that Fish Hoek's home prices are therefore bound to rise in the near future. Read more >>

Parking cost car owner R42,000
A businessman owes the OR Tambo International Airport about R42,000 for parking his car there for over 12 months, The Star reported on Monday (7 January). Read more >>

Police fire rubber bullets at striking workers
Police fired rubber bullets at striking Western Cape farmworkers in De Doorns on Wednesday afternoon (9 January). Read more >>

JD Group swaps properties for shares
[Zeenat Moorad] JD Group has taken over 19 properties and leases from Steinhoff International in exchange for shares worth R447m. The deal will diversify JD's asset base. Read more >>


Property Management

Constantia property market still offers value
At no stage in its eight year history has the Rawson Properties franchise in Constantia, owned by Eugene Pienaar, had so many excellent upmarket properties at such exceptionally reasonable prices, says Gerald Romanovsky, Rawson Properties' senior Constantia agent. Read more >>


Rental

Rental Housing Tribunal: fighting for landlords and tenants alike
[Issued by Private Property] It is important to note that although the Rental Housing Tribunal has helped thousands of landlords and tenants resolve issues pertaining to rental properties, the service is not available throughout South Africa and, at this stage, there are no tribunal offices in Free State. Read more >>  visit press office >>


Residential

District Six redevelopment 'to start soon'
A "special purpose vehicle" or company is likely to be set up by April and will be crucial to the success of the redevelopment of Cape Town's District Six, District Six Redevelopment and Beneficiary Trust chief executive Nas Allie said on Tuesday (8 January). Read more >>

5 Tips to reduce your home loan
Homeowners can reduce the term of their home loan and the total that they pay in with careful budgeting and clever tricks. Read more >>

Welcome recovery in the traditional value of freehold residential property
[Tony Clarke] A very welcome recovery in the "traditional" value of freehold residential property (especially in comparison to sectional title property) is now underway. This trend has been identified nationally by John Loos and Theo Swanepoel, property economists with FNB and compilers of the FNB Property Barometer - the figures of which are always so informative. Read more >>

Rawson Helderberg property management to double portfolio in 2013
Rawson Properties Somerset West in the Western Cape is the only residential franchise in the group to have a property management division. Johann van der Merwe, Rawson Properties franchisee for Somerset West, Strand and Gordons Bay, who initiated the new division, that now manages six sectional title schemes with plus minus 1,000 units, says that it had always been one of his goals to offer a complete one-stop property service. Read more >>


International
Safari ranches a target for Zimbabwe land grabs
HARARE, ZIMBABWE: Germany warned that takeovers of foreign-owned safari ranches by Zimbabwean politicians could jeopardise the country's co-hosting of this year's United Nations tourism conference. Read more >>

Kirin to sell Tokyo building to reduce debt
TOKYO, JAPAN: Japanese beverage giant Kirin has decided to sell its Tokyo headquarters in order to reduce debts as it aggressively buys foreign firms in a bid to expand its global reach, a report said Sunday (6 January). Read more >>

Kirin to sell Tokyo building to reduce debt
TOKYO, JAPAN: Japanese beverage giant Kirin has decided to sell its Tokyo headquarters in order to reduce debts as it aggressively buys foreign firms in a bid to expand its global reach, a report said Sunday (6 January). Read more >>

More International...


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