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Recently, there have been hints emanating from our FNB Estate Agent Survey that foreigner demand for local residential properties may be declining.
It is important to understand that, due to significant resistance by home sellers to house price declines, in times of economic and residential demand slowdown the residential market can often move away from market equilibrium price.
The digital revolution has touched and changed every aspect of society, including, very significantly, shopping. For many people, it’s just not worth the time, trouble and expense of making a trip to a bricks-and-mortar mall when everything they might desire is available literally at their fingertips in the virtual world.
Gustav Voigts shopping centre in Namibia’s capital city of Windhoek is to undergo a multimillion-dollar phased refurbishment starting this year.
Maerua Mall, established in 1990, is Windhoek’s original shopping centre. Located close to the heart of Namibia’s capital city and bordering the eastern suburbs, it welcomes over nine million shoppers every year.
The Green Building Council South Africa (GBCSA) is entering its 10th year of operation on a high note with a milestone 200 buildings rated with Green Star SA certifications.
Many South African investors were recently introduced to Nomura Holdings Inc.’s new iPhone index which will most likely herald a brand new catchy acronym such as Ii or I2 (but we’ll leave that to the creatives to decide).
Safari Investments, which has grown its portfolio about 30% in the year to March, says it is on track to reach its R3bn property target by the end of 2018.
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings, certified by the Green Building Council of South Africa (GBCSA).