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The Property Practitioners Draft Bill was published for comment on 31 March 2017 and when gazetted into law, will replace the Estate Agency Affairs Act of 1976.
JSE listed Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused actively managed Investment Holding Company, today announced solid financial results for the six months to 28 February 2017.
MAS Real Estate Inc. (“MAS”), a commercial property investor, developer and operator listed on the JSE and Bourse de Luxembourg, today announced the acquisition of two shopping malls in Bulgaria, for €62million.
The collective suburb of Berea, comprising smaller suburbs like Greyville, Musgrave and Upper Glenwood, was once home to some of the oldest manors in Durban.
A new development of 16 300 square metres of premium grade offices, which will include new regional offices for Discovery, is to be built on a prime gateway site at Century City.
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, including indexes, portfolio risk and performance analytics and ESG research, has released the IPD South Africa Annual Property Index, which shows the South African property investment sector delivered an ungeared total return of 11.1% in 2016.
At New Vantage Properties we pride ourselves on understanding the importance of selecting the optimal location and premises for your business.
As the main source of income for commercial buildings, tenants are key, highlighting tenant retention as a primary focus for building owners and managers.
Funding commercial property developments with a mix of hard and local currency provides an innovative mechanism for Africa’s commercial real estate sector, to mitigate currency volatility and liquidity risk says Standard Bank.
There are a few significant changes on the cards for the South African property sector in 2017.