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Despite economic pressure, property development in the Mother City shows no signs of slowing down, with various commercial and residential property developments planned, including two R1.5 billion developments.
Intu Properties Q3 trading update for period 1 July 2016 to 25 October 2016.
While much has been said regarding the slowing in house price growth in recent months, the residential property market in Gauteng is a highly complex one, with sharp regional and suburban variations, and there are a number highly positive developments within the region’s property sector.
The latest research from JLL South Africa shows that the trend in commercial property investment activity in South Africa in the past year has been one of managing risk and avoiding loss in the South African economy, increasing the preference to hold property as opposed to cash reserves.
London has beaten New York for the second year in a row as the most important city for the ultra-wealthy, according to Knight Frank’s Wealth Report, an annual analysis of wealth flows and property investment around the world.
At face value, South Africa’s listed property sector appears to have lost some of its lustre in recent months.
Leading Gauteng-based retail property developers and investors, Flanagan & Gerard Property Development & Investment, today announced that co-founders Patrick Flanagan and Peter Gerard will jointly chair the group.
Atlantic Leaf Properties Ltd, the Mauritian domiciled property company with secondary listing on the AltX in Johannesburg, raised GBP49.5m (R1.14bn) in capital from investors during the first week of February 2016.
So, you’ve been thinking about getting a foot on the property ladder, but your salary doesn’t quite cover the kind of bond you’d been hoping for.