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Property & Real Estate

Weekly top stories


CBD major development shows the Mother City still has it
Last year saw considerable progress in projects undertaken and completed in Cape Town. Notable new commercial properties, comprising office space with ground floor retail such as restaurants and coffee bars... read more>>

Atterbury lands deal to develop PwC Tower

Atterbury Property will develop a R1.5bn high-rise building, The PwC Tower, comprising 40,000m² of modern offices for the new head office of PwC at Waterfall City in Midrand...

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Competitive year for commercial property sector

Given the electricity issues, shortage of good assets and weak Rand, the commercial property market can expect massive competition for good property and tenants in 2015...

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Broll and Greenday Property take up the gavel in partnership

In keeping with its growth strategy, Broll Property Group and Greenday Property have collaborated to launch Broll Auctions and Sales, a new service line within the group...

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Property
Listed property considers new asset classes and territories to drive outperformance
With residential property emerging as the lead opportunity for assets in new sub-sectors, SA's listed property sector will be looking at new asset classes and territories to drive outperformance... read more>>
Commercial
Reserve Bank retains repo rate at 5.75%
The decision by the Monetary Policy Committee of the Reserve Bank to retain the repo rate at 5.75% (base home loan rate of 9.25%) is a positive start to the year for the property market, says Seeff Chairman, Samuel Seeff... read more>>
Consumers to stick with what they know and where to go in 2015
The greater the dominance of a property asset, the more protected the property investment will be in 2015's subdued economic markets... read more>>
Homeowner environments positive under interest rate growth
While generally anticipated by commentators in the market, the decision by the Monetary Policy Committee meeting to hold the repo rate steady at 5.75% is most welcome... read more>>
Redefine International completes acquisition of German retail properties
Redefine International said on Thursday, 29 January 2015, it had completed the acquisition of German retail properties in a joint venture with its largest shareholder‚ Redefine Properties... read more>>
Capital Property grows distributions 10.34%

andersona@bdfm.co.za

Diversified property group Capital Property Fund yesterday reported double-digit growth in distributions for the year to December... read more>>
Redefine expands portfolio with Leaf Capital purchase

Alistair Anderson

Redefine Properties plans to acquire Leaf Capital and its Western Cape-dominated office portfolio for about R4.1bn in what could be interpreted as a vote of confidence in South African premium offices... read more>>
Listed property beats other asset classes
South African listed property returned 26.6% to investors last year, outperforming all other asset classes for the year thanks largely to better-than-expected results, with income growth largely boosted by property firms with some offshore earnings and the benefit of a weaker rand... read more>>
Property Management
Land offensive

Kingdom Mabuza, TJ Strydom and Penwell Dlamini

Land ownership by foreigners will be prohibited and South Africans will be entitled to own no more than two farms, or an equivalent of 12,000ha... read more>>
Residential
Why the neighbourhood affects the value of property
A residential property's external appearance, state of repair and the way it looks in context with its neighbour's is the first impression buyers get... read more>>
How to price your house for the market
While sellers look to achieve the best price for their home, home buyers and investors are savvy and street-wise, researching the market to gain a good perspective on properties on the market in their preferred suburbs and are only prepared to pay realistic, market-related prices... read more>>
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European commercial property sales set to continue with growth in 2015: http://t.co/HRCysNuumA #commercialrealestate #commercialsectors - Tue Feb 03
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Sellers: Should you accept this offer? http://t.co/ApK3AMuqRF - Tue Feb 03
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