13 Aug 2013

Property & Real Estate

The Pillage People get down to business

The corruption that usually makes the headlines - with regrettable frequency - is that allegedly committed by government employees, ministers and what-have-you. But not to be outdone, it seems big business is doing its bit to catch up and outdo government on leadership ethics, writes Johan Poolman.

Meanwhile, still on the corruption front, Jacob Zuma reckons the arms commission can continue, even if it has been hit by a number of high-profile resignations, writes Karl Gernetzky. As a certain popular cartoonist suggested in one of his latest works, the commission might be better known for its production of whitewash than for any light it might bring to bear on one of the sorriest episodes in recent SA history.

On a happier note, WWF-SA has launched its Earth Hour City Challenge, so don't just sit there, get involved!

Ladies! You like a neat, clean house, right? Well, it seems that you could have a future in the waste management industry.

And still for the ladies, Boitumelo Mothoagae says it's a woman's world but asks... Is her money part of it? We also take a look at working mothers and the conundrum they still face as single mothers trying to build a career.

Rod Baker, Content Director

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Weekly top stories

Urban renewal project becomes part of WDC 2014
The Future Tyger project, which launched yesterday 12 August 2013, has been accepted into the World Design Capital 2014 programme. The project aims to rejuvenate the Voortrekker Road development corridor including the Bellville central area by 2040. Read more >>
Property Magazine and Media Nova go supernova
[Glenda Nevill] The Property Magazine and the company that published the large-format glossy magazine, Media Nova, have closed down leaving unhappy staffers and creditors in its wake. Read more >>
Growthpoint leads but others will follow
[Nick Hedley]
Delta Property gets decent credit rating
[Nick Hedley]

Property & Real Estate
Investing in property brings positive benefits
"While the majority tend to focus on the negatives in South Africa, our European counterparts have to face far bigger woes and appear to be managing these challenges. South Africans, too, need to focus on fixing our future," said Shiraaz Hassan, commercial director of Asrin Property Developers. Read more >>


Commercial
Capital market funding on hold
[Nick Hedley] Demand for first-time capital market funding among the JSE's newer property listings has largely been put on hold since market conditions changed in May and June. This is according to Global Credit Rating (GCR) corporate ratings head for Africa, Eyal Shevel. Read more >>

Growthpoint leads but others will follow
[Nick Hedley] Other listed property companies are expected to follow sector heavyweight Growthpoint Properties' lead in converting its historically complicated capital structure to one of ordinary shares. Read more >>

Price stability in holiday markets
[John Loos] Being non-essential in nature, holiday property buying tends to be more cyclical than primary residential demand, implying that certain smaller town residential markets strongly driven by holiday property demand should generally be more cyclical than major cities, which are overwhelmingly driven by primary residential demand. Read more >>

Diverse Karoo offers opportunities to investors
The sheer extent of the semi-arid Karoo as a region is like no other in South Africa. Covering almost 30% of South Africa and spanning four provinces, the Karoo is surrounded by the Kalahari in the north, Namaqualand and the West Coast to the west, the Boland and Overberg on the south-west, The Garden Route to the south, and the non-Karoo regions of the Eastern Cape and the Free State. Read more >>

Delta Property gets decent credit rating
[Nick Hedley] Black-owned Delta Property Fund has received a "strong" first-time credit rating from Global Credit Rating (GCR)‚ reflecting the fund's high quality and long-dated leases with government departments and parastatals‚ according to GCR. Read more >>

City Lodge revamps its image
[Nick Hedley] City Lodge Hotels is embarking on an "evolutionary" brand and logo refreshment exercise, starting with its recently-opened Town Lodge Gaborone. Read more >>

Resilient pays out 136.23c a unit
Resilient Property Income Fund on Tuesday (6 August) declared a distribution of 136.23c per linked unit for the six months to June‚ up 12.83% from 120.74c in the comparative period a year ago. Read more >>

How to make the most of your (small) office space
[Issued by Ash Brook Commercial Properties] As commercial property prices increase, so employers are looking at ways of cutting costs, especially overheads. If you currently have a large office with a city view, you're either a lawyer or you're about to lose that cushy office for a smaller space. Read more >>  visit press office >>


Property Management
Buy-to-renovate can be highly profitable
If you are serious about making money out of property and you have the time and perseverance to check on site work in progress daily, you should consider buying to renovate. This was said recently by Bill Rawson, chairman of the Rawson Property Group, speaking to a group of potential investors. Read more >>


Residential
Agents expect house sales to rise
There is a broad strengthening in the perception of agents' that residential house sales are likely to rise according to an FNB estate agents' survey. Read more >>

Tampering with the minutes of meetings? It happens!
[Anton Kelly] Sectional title schemes are mini democracies. The Sectional Titles Act and prescribed rules codify the principles of the common law of co-ownership. Read more >>


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