30 Jul 2013

Property & Real Estate

The next day we were at sea...

According to Public Enterprises Deputy Minister, Bulelani Magwanishe, the jobs are there - in the maritime industry. In fact, according to him, there are more than 40,000 of them. The only problem is that there aren't more than 40,000 young people to take those jobs. The call has been made: Youngsters... You're needed in the maritime industry.

"Hello Control..." Security is so tight no cellphones or cameras are allowed into the building, but at least here's a description of what's it's like inside Eskom's national control centre after a group of journalists took "the tour".

Not too long ago, having a heart condition, failed liver, lung cancer et al basically meant tidying up your medical affairs and await the Grim Reaper. Nowadays a great number of people who might otherwise have passed on are enjoying a life... In fact, they're able to participate in their own World Transplant Games.

Fancy a walk on the wild side...for free? SANParks has announced the 2013 SA National Parks Week dates. On these dates, day visitors you can enjoy free access to most of the 21 national parks across the country. Free access to parks does NOT include free access to accommodation facilities and other tourist activities.

Now's your chance to experience what all our overseas visitors have been "Ooing" and "Aahing" about.

Rod Baker, Content Director

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Weekly top stories

Private Property is "virtually" number one
[Issued by Private Property] Private Property's mission is to be the best digital marketing platform for the property industry. To aid this, they have built a network of professional virtual tour photographers, which enables them to service customers countrywide within a reasonable turnaround time. Read more >>  visit press office >>

Property & Real Estate
A friend in Deeds is a friend indeed
[Issued by Tivvit] The South African Property Transfer Guide, plainly known as SAPTG, is a new addition to the Tivvit Solutions' cutting-edge product line and SA's largest property data source for both the public and the industry's professionals. Read more >>  visit press office >>

Biz announces GoPro reader comp winner!
[Issued by Bizcommunity.com] Finally, the announcement you've been waiting for - the winner of our GoPro reader competition! Read more >>  visit press office >>


Commercial
Delta raises R190m
Delta Property Fund‚ a listed property fund that specialises in the ownership and management of government office buildings (with a growing portfolio of retail and industrial buildings)‚ completed its debut commercial paper issuance on Friday (26 July) raising R190m Read more >>

Considerable enthusiasm for Mauritian development, says PGP
Launched in March this year, the Mauritian development, Le Parc de Mont Choisy, positioned in Grand Baie in the north of the island, has met with considerable enthusiasm from the South African market, according to Pam Golding Properties. Read more >>

Bridge City expects to attract R10 billion in investment
The 60 hectare Bridge City development, a prime location just 17 kilometres from the Durban port and 23 kilometres from the King Shaka International Airport, has begun negotiations for the first property sales within the newly released 17 hectare Bridge City Business Estate. Read more >>

Hotel sector recovering steadily in SA
[Nick Hedley] JSE-listed Hospitality Property Fund‚ which invests in hotel and leisure properties‚ is optimistic about the outlook for the hotel sector after a challenging period‚ according to its chief executive Andrew Rogers. Read more >>

Inefficient use of Western Cape's properties
[Nick Hedley] A study by the Western Cape provincial government shows that the province's office properties make inefficient use of space and have higher costs per employee compared with the private sector, highlighting the potential for major cost savings. Read more >>

Hilton Garden Inn to open in Nigeria
Hilton Worldwide have announced the signing of its first Hilton Garden Inn hotel for sub-Sahara Africa, in Nigeria's South East city of Uyo. Read more >>

Club Mykonos gets a transformation
Club Mykonos, the Mediterranean-style resort in Langebaan, has seen a robust investment in recent years, confirming its status as the destination of choice when visiting the West Coast. Read more >>

Hotel Balalaika gets a refreshed look
The Protea Hotel Balalaika in Sandton, Johannesburg is undergoing a soft refurbishment of all the public areas and is expected to be completed by the end of August 2013. Read more >>

Vunani's rights offer price finalised
Listed property fund Vunani Property Investment Fund on Monday (22 July) announced the final‚ JSE-approved terms of its rights offer to raise up to R455m. Read more >>


Property Management
Property auction market down 75%
It appears the auction industry is still feeling the after-effects of the Auction Alliance ghost-bidding scandal as the total value of property sales concluded at auctions has fallen by 75% in the past 18 months. Read more >>

Sustainable infrastructure should address climate change risk factors - Marsh
Changing environmental conditions bring long-term physical risks to major infrastructure developments. This means that the impact of climate change on infrastructure investments needs to be considered. Read more >>


Residential
Applicants for 100% bonds often rejected
Roughly 20% of all bond applicants in South Africa require 100% bonds today, but the rejection rate on this type of application is always a great deal higher than the average, said Mike van Alphen, national manager of the Rawson Property Group's bond origination division, Rawson Finance. Read more >>

Arrowhead mulling residental portfolio
[Nick Hedley] Arrowhead is SA's third listed fund to offer investors residential exposure and plenty of excitement on the corporate front since it listed on the JSE in December 2011. Read more >>

Affordable housing built at Sharon Park on the East Rand
"When it comes to buying homes in lifestyle estates, the pricing of the homes in these usually ties in with the higher standard of living that a so-called 'lifestyle estate' offers, but at Sharon Park Lifestyle Estate," said Gavin Vickers, MD of Kairos, the company that is mandated to market the homes at Sharon Park, "the developers, Hlala Kamnandi Developments, are building what they promise they will build at prices that are all-inclusive and are truly in the affordable market segment." Read more >>

V&A Waterfront awarded another Green Star rating
The V&A Waterfront has been awarded a 4-star Green Star rating for its No2 Silo building. No2 Silo is the Waterfront's first residential development in over five years since the completion of the Marina Residence development. Read more >>


International

Luanda: world's most costly city for expats
PARIS, FRANCE: The Angolan capital of Luanda has regained the top spot in an annual survey of the most expensive cities for expatriates to live in, followed by Moscow and Tokyo. Read more >>

Liberian gold find displaces thousands
MONROVIA, LIBERIA: A mining company announced on Tuesday (23 July) it had discovered around a million ounces (30 tons) of gold beneath two towns in western Liberia and said that as result thousands of residents would be relocated. Read more >>


More International


New events to diarise

Cellar Rats Spring Wine Festival
Cellar Rats Wine Club - 1 Sep 2013 Magaliesburg


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