Gauteng and particularly Tshwane, has registered notable improvements in the average purchase price, first-time homebuyer demand and the investment property category. Gavin Lomberg, CEO at ooba Home Loans attributes the improved outlook to Gauteng’s ‘value for money’ and the fact that it is the economic heartland of South African economy.
There are undoubtedly multiple systemic issues that are often cited for why we find ourselves facing a “day zero” or an imminent declaration of a “state of disaster” in yet another major city in the country.
Vukile Property Fund (JSE: VKE) confirmed its intention to accept an improved cash offer for its 28.8% stake in Lar España Real Estate following careful evaluation of its options. Vukile's investment in Lar España, held through its 99.5%-owned Spanish subsidiary, Castellana Properties, has realised significant value for Vukile shareholders.
The KZN Mid-South Coast property market is improving with buyer enquiries spiking notably after the elections, according to Jo Giraudeau, manager for Seeff Mid-South Coast. Positivity is also building further on the back of September's rate cut
The commercial rooftop solar photovoltaic (PV) market is growing rapidly in South Africa, with solar systems providing an ideal solution for commercial landlords looking to reduce electricity costs, go green and offer tenants a more sustainable offering.
Serenity Hills is excited to announce that the popular Sweet Gang & Friends Farm Stall continues to expand, bringing the finest farm-fresh produce, house-cured meats, locally crafted goods, and unique artwork to both residents and visitors of the estate.
Condé Nast Traveler has announced the results of its 37th Readers’ Choice Awards, which this year, includes two of Tintswalo’s iconic properties in South Africa.
In a significant event for property investors, In2assets will host its upcoming Combined Property Auction, scheduled to take place on 24 October 2024. This highly anticipated auction will feature a diverse portfolio of 28 lots spread across three provinces: Gauteng, Eastern Cape, and KwaZulu-Natal
As a leading property services company, Broll Property Group recognises sustainability goes beyond energy efficiency and carbon reduction. One of the crucial pillars of our Environmental, Social, and Governance (ESG) strategy is Responsible Supply Chain Management
South Africa's Real Estate Investment Trusts (REITs) have rebounded strongly, reaching four-year highs driven by improved investor sentiment, a stronger rand, an interest rate cut and softer yields. Overall, John Jack, CEO of Galetti Corporate Real Estate says the positive market sentiment and expected interest rate declines suggest a favourable outlook for South Africa’s REIT sector.
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