8 Oct 2013

Property & Real Estate

Billboards vs ANC: billboards win

Transport minister Dipuo Peters says the billboards with the message "E-tolls. Proudly brought to you by the ANC." is the work of cowards.

The DA has admitted to being the naughty ones who erected them, and its Gauteng premier candidate Mmusi Maimane points out that, "E-tolls were conceived under the watch of an ANC minister, supported by an ANC executive in Gauteng, passed into law by an ANC majority Parliament and signed, sealed and delivered by an ANC president."

Quite so, and none of which the ANC denies - so what's the problem?

What happens when the "bluff" is no longer a bluff? Chris Moerdyk looks at why Numsa is calling BMW's bluff, and wonders what might happen when car makers finally decide: enough! Also see Government to talk to car makers: Gordhan. Some might reasonably ask: why? What can he say to them that is likely to achieve anything right now. Let's face it, with an election looming the government is not going to do anything to upset the workers and Cosatu - and that might tend to set the tone of any "talks".

Nonkululeko Gobodo says there is more to transformation than ticking boxes, and suggests the private sector is lagging, and on a happy note, there's good news for mobile users - and that means pretty much all of us - ICASA has released its draft 'call termination' regulations which aim to see the costs we mobile users have suffered for ages being somewhat reduced.

Rod Baker, Content Director

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Weekly top stories

The benefits of green leases
[Peter Townshend] "Going green" is a term that we can't escape from: not as innocent consumers of media constantly bombarded by "green" sales pitches from companies, nor as business owners and corporate workers where we're judged on our green credentials. Read more >>

Property & Real Estate
Private Property and ListGlobally partner to offer international access to the SA property market
[Issued by Private Property] South Africa's Private Property has partnered with ListGlobally to offer its browsers the opportunity to peruse international property listings, as well as to extend exposure for its partner estate agents to a global audience. Read more >>  visit press office >>

Get a mobile presence
[Issued by Bizcommunity.com] Bizcommunity Press Offices have been compatible with mobile since day one and are continually upgraded for even greater engagement and accessibility. Read more >>  visit press office >>


Commercial
Carlson Rezidor Hotel Group partners with It's Africa's Time
The Carlson Rezidor Hotel Group joins It's Africa's Time as an exclusive hotel partner, together with 40 organisations committed to furthering the agenda of "Inclusive Business" growth in Africa. Read more >>

Property listings on the move
[Joan Muller] The sell-off in property stocks over the past four months has made it less attractive for unlisted real estate companies and developers to bring their shopping centres, offices and warehouses to the JSE. Since May prices have dropped around 13% and yields have risen from an average 6,2% to 7%. Read more >>

Redefine acquires more units in Fountainhead
Redefine Properties, already the largest single participatory unitholder in Fountainhead Property Trust, announced yesterday, 2 October 2013, that it intends to acquire up to an additional 250 million participatory units to grow its Fountainhead holding. Read more >>

Public works gets qualified audit
Financial chaos continues to haunt the public works department and the entity responsible for managing its property portfolio. Read more >>

Growthpoint buys 17 properties
[Nick Hedley] Listed property company Growthpoint Properties said on Wednesday (2 October) it would buy a portfolio of 17 quality office properties in northern Johannesburg for R1.33bn Read more >>


Property Management
Deceased estates' assets can be "frozen" for a long time
When dealing with the transfer of deceased estates there is often a variety of hurdles and taxes that need to be taken into account and avoided, if possible, said Bill Rawson, chairman of the Rawson Property Group. Property owners, especially those who own multiple properties, need to consider the best ways to minimise tax and avoid difficulties when passing on their assets after their death. Read more >>

Joint development of new precinct at Century City
A new joint venture of R423 million has been entered into to develop the new precinct at Century City in Cape Town. Read more >>

Tower Mall opens in Klerksdorp in October
Tower Mall, a 15,400sqm retail centre, will open in Jouberton, Klerksdorp on 25 October 2013. Funded by Dipula Income Fund and developed by Landmark Real Estate Services, the R155 million mall is almost fully let. Designed by VH+S Architects, it is funded by Absa with leasing consultant as Citynet. Read more >>


Residential
All about interest
When applying for a home loan, one of your most important considerations should be securing the lowest interest rate possible. And when the home loan is granted, you should do everything you can to reduce the term and the interest that you pay. These will save you a great deal of money in the long term. Read more >>

Scientific underwriting helps OUTsurance grow
If anyone were dropped off blindfolded at OUTsurance's offices, they could mistake them for a campus of the local university: it has 2,200 people, mostly under 25, playing action cricket and volleyball or else staring studiously at their PCs. Read more >>

Prime-area property deals taking longer to close
Buyers have been taking longer to put pen to paper on home purchases in Gauteng's prime residential areas. "So much so," said luxury property specialist Ronald Ennik, "that a six-month timeframe from the first viewing to acceptance of an offer has become quite common." Read more >>

New homes being built in Sedgefield
The dream for many South Africans is to own a plot in the scenic Garden Route and one day build a holiday retreat or a retirement-by-the sea cottage - or even relocate permanently. And as Walter Bakker, marketing manager of Pam Golding Properties Sedgefield office pointed out, the scenic and quiet "slow town" of Sedgefield is the perfect location for that idyllic coastal escape. Read more >>


International

BlackBerry plans property sale to cut costs
MONTREAL: CANADA: BlackBerry is eyeing the sale of office space to cut expenses after posting a nearly US$1bn loss last quarter, a spokesman for the company said on Wednesday, 2 October. Read more >>


More International


Jobs offered



Noticeboards

Westcliff Nursery
[Premises] Westcliff Nursery (3 Lawrence Road) is looking to rent out two rooms above the school. The space would best suit professionals who work with children. Possibly Occupational Therapists, Child Psychologists etc.


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