16 Apr 2013

Property & Real Estate



Oh, the shame!

So you thought it was beef you were eating? Well, yes and perhaps no... It seems - and if you haven't been made painfully aware of this issue over the past weeks then you are not on this planet - that some tried-and-trusted supermarket chains have been stocking incorrectly labelled meat products.

Meanwhile our Mother City plans to have a baby - a R140bn baby complete with police stations, universities and - just to cheer you up... cemeteries. It will be about 25km from the city centre and - to cheer you up even more... that would put it sort of over the road from Koeberg.

Well you can't say some of our cops aren't enterprising... Some of those involved in the Oscar Pistorius case... 45 of them in fact - had their cellphones confiscated after they took pictures of Pistorius after his arrest - and that is a big no-no.

In passing however, 45 officials? How big exactly is the team investigating the case and what exactly are the roles of the others? Because if 45 officials are involved on the case, that sounds like a lot.

Finally, it's good news for two of our islands, which are now protected as offshore marine protected areas. Now the challenge is to ensure that they are actually properly protected, because you can bet your life, if not, there will be illegal fishing.

Rod Baker: Content Director

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

Top stories

Cape Town plans a R140bn 'baby'
A new city, with police stations, universities and cemeteries, could soon rise on the outskirts of Cape Town. Read more >>


Editorial news

Property & Real Estate
Seven stages in becoming an industry expert
[Douglas Kruger] From Amoeba to Icon; where do you currently rank in your industry's natural progression? In this piece, I walk you through the seven stages of development as you strive to position yourself as an industry expert. [video] Read more >>

Overseas buyers interested in Cape guesthouses, boutique hotels
Pam Golding Lodges and Guesthouses (PGLAG) notes an increase in interest and purchase of prime tourism locations in the Western Cape. This is also reflected in the increase in foreign visitors (10.4%) for January to October 2012 over the same period in 2011. Read more >>

Is now the time to buy?
[Jan le Roux] The 1st Quarter 2013 FNB Estate Agent Survey (released just before Easter) indicates that many estate agents, in the lower, middle and upper end of the market, are seeing positive signs of market recovery. Read more >>


Commercial
Shortage of quality properties in SA
[Nick Hedley] The number of commercial property transactions increased sharply last year, while the average size of transactions declined, reflecting more frequent small property deals and a shortage of large assets on the market. Read more >>

Hyprop goes mall shopping in Cape Town
The hefty R2,3bn price tag and 6.7% yield commanded by Somerset Mall, the rather dowdy-looking shopping centre alongside Cape Town's N2 freeway en route to the winelands, sets a new benchmark for retail property prices in SA. Read more >>

Rebosis looks cheap at the price
Buying opportunities among the JSE's 30-odd property listings are diminishing as buyers continue to push the sector into what many believe is over-priced territory. Read more >>

High demand for new hotels in Africa
[Nick Hedley] The Rezidor Hotel Group, whose brands include Regent, Hotel Missoni, Radisson Blu and Park Inn, intends to increase its presence in SA and the rest of sub-Saharan Africa as part of its focus on high-growth emerging economies. Read more >>

Tsogo Sun 'gambles' on Gauteng
Gaming and hotel group Tsogo Sun Holdings on Tuesday (9 April) announced expansion plans for its Silverstar‚ Gold Reef City and Montecasino operations in Gauteng following approval by the Gauteng Gambling Board. Read more >>

Property purchases show 'ingenuity'
Ingenuity Property Investments on Monday (7 April) said it had bought nine prime Cape Town properties for R866m. Transfer is expected on 1 September. Read more >>


Rental
The rights of a tenant when a property is auctioned
[Michelle Dickens] South African tenants are protected by the common law principle of "huur gaat voor koop", which essentially translates to the concept that a lease comes before a sale. This is good news for tenants, as this means that if the property they are renting is ever sold, the new landlord must honour the existing terms of the rental agreement. Read more >>


Residential
Cape Town plans a R140bn 'baby'
A new city, with police stations, universities and cemeteries, could soon rise on the outskirts of Cape Town. Read more >>


Africa
Zimbabwe threatens to close Tongaat Hulett
[Tawanda Karombo] Zimbabwe government officials are gearing up to tackle SA agro-processing company Tongaat Hulett head on for its alleged reluctance to comply with the contentious indigenisation law. Read more >>

More Africa...


All industry news

Marketing & Media

Medical

Retail

Government

Mining

CSI

Finance & Insurance

Agriculture, Horticulture & Forestry

Arts & Entertainment

Building & Construction

Environment & Conservation

Human Resources & Recruitment

Legal

Manufacturing

Security & Military

Education & Training

Tourism, Travel & Hospitality

IT & Telecommunications

Maritime & Fishing

Sport

Logistics

Science & Technology

Lifestyle

Automotive

Print - Print any item in this newsletter.
Email - Email any item in this newsletter.
Comment - Comment on any item in this newsletter.




Today's weather
Cpt

20°C
14°C
Jhb

27°C
11°C
PE

28°C
16°C
Dur

32°C
18°C
Bloem

31°C
13°C

Click here to customise weather


2013 Biz Trends Report

93 pages
49 contributors
41 contributions

New people on biz
Babalwa Nonyongo
Assistant Manageress at Rennie Property
Laurie Ann Ehrhardt
Laurie Ann Realty
Jan le Roux
CEO of Leapfrog Property Group
ntsikleleo allen thys
Property Portfolio Manager at nhp-properties
Hugh Cronwright
Real Estate Agent at Barfoot & Thompson Ltd

Industry sectors


Follow us
        
Press releases: Distribute your news professionally to over 170 000 subscribers across various industries. Read more about our press offices.

Editorial: We welcome your news, views and comments! Email press releases, invitations, interview requests, and proposals to propertynews@bizcommunity.com and exclusive opinion pieces to contributors-property@bizcommunity.com.

Advertising: We welcome your sales enquiries! Email sales@bizcommunity.com and read more about our advertising rates.

Location: Cape Town (head office): tel +27 (0)21 680 3500 | 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa. Johannesburg: tel +27 (0)11 612 3003 | Sutton Square, The Business Centre, 8 Gemsbok Road, corner 12th Avenue, Rivonia, Gauteng.

Subscribe/unsubscribe: Invite your friends, colleagues, suppliers, customers and partners to subscribe!


© 2013 Bizcommunity.com. All rights reserved.
Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.

Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.