Agreement to bring greater level of research to industry sectors:
Commercial property association Sapoa and the Investment Property Databank have signed an agreement to bring a new level of research to all sectors of the property industry. Among the new surveys to be published is the quarterly Sapoa industrial vacancy survey, which will provide an industrial property indicator for the first time in SA and will be released quarterly. Also new is the biannual retail trading densities report,
African makeover for Jo'burg CBD buildings:
Two buildings in Johannesburg's financial district formerly owned and occupied by Hollard Insurance are to be transformed by Afro centric design, inspired by the west African civilisations of Ashanti and Dogon. A joint venture between Hollard and PHAB Properties, Leungo Investments, has been formed to transform 6 and 10 Anderson Street, near the Anderson Street pedestrian bridge.
Conference will highlight fractional title:
Defining and maintaining the relatively new property ownership phenomenon of fractional title as a distinctive and exclusive property category in SA, in line with the rest of the world, will be one of the topics presented at the annual Rode conference on July 17 in Sandton, Johannesburg.
Very briefly ?
The Midrand property market is still strong but greater realism is needed on asking prices, says Homenet Midrand.