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The South African property sector is making reasonable efforts towards transformation, but it needs to pick up pace.
Stuart Chait, Executive Chairman of Land Equity, a South African based privately held property investment, development and private equity company, has called on government to back Black Economic Empowered (BEE) property developers by making access to funding easier.
Listed property specialist Plexus Wealth has launched a second property fund, the Plexus Wealth BCI Flexible Property Income Fund, to provide investors and retirees with a higher income option.
The International Monetary Fund (IMF) has raised South Africa’s growth forecast to 1% this year.
The appeal of city living encompasses far more than just the allure of having a convenient base in the hub of the daily hustle and bustle.
Eskom has invested millions in renewable power, specifically in research in this ever expanding field.
The honourable Minister of Human Settlements, Lindiwe Sisulu published the Property Practitioners Bill on 31 March 2017 giving all stakeholders 30 days to comment.
There are a few significant changes on the cards for the South African property sector in 2017.
The real estate industry has been placed under an uncomfortable spotlight yet again with the reported posting of a blatantly racist property advert by Dick and Sue Home Finders on the property portals.
As Finance Minister Pravin Gordhan tabled what appeared to be a pro-poor budget, he has announced that relief will be given to the affordable housing market.