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Two key infrastructure projects – a 288 unit residential facility and the complete rebuild of the electricity substation – have been completed at the University of Zululand’s main KwaDlangezwa Campus.

Tuesday, 01 August 2017 06:02

Building wealth through multiple properties

Many individuals who already own more than one property mistakenly overlook key principles of wealth creation that could potentially unlock their ability to grow their property portfolios.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) continues to build an exceptionally diversified and quality property platform after acquiring another attractive development site for student accommodation in Australia.

The recent protests at universities and colleges across SA have caused many to question the wisdom of investing in student accommodation - but it still remains a highly attractive option provided you buy the right kind of property in the right location, says Bill Rawson, chairman of the Rawson Property Group.

Property Finance at Nedbank Corporate and Investment Banking (CIB) delivered another year of  strong performance,  making a significant contribution to the annual results of both CIB and Nedbank Group as a whole in 2016.

Durban’s sophisticated suburb of Musgrave has long been a favourite with affluent families and successful entrepreneurs, but recent trends indicate an increasing demand for student accommodation in the area as well.

Ending the year on a high note, the November 2016 auction held by Broll Auctions and Sales proved a great success with a number of noteworthy sales taking place.

JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) has harnessed the benefits of a diversified portfolio and operational efficiencies to deliver a solid performance for the full year to end August 2016.

Run-down buildings in inner cities should be used to help combat the student accommodation shortage around universities in the country.

The latest research from JLL indicates that the demand for new purpose-build student accommodation in Sub-Saharan Africa (SSA) is set to exceed 500,000 beds over the next five years.

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