Wednesday, 26 June 2019 14:48

56% of home buyers are single, says FNB

FNB Home Finance has revealed that the number of single applicants who bought residential property through the Bank increased from 48% to 56% between 2016 and 2018.

The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.

Wednesday, 06 February 2019 13:27

Re-rating on the cards for SA REIT sector

South Africa’s real estate investment trust (SA REIT) sector is heading for a re-rating; the question is whether the sector will rally this year or next?

Cape Town – Spear REIT Limited  on Tuesday the 21st of November announced the acquisition of Northgate Island Corporate Office Park “Northgate Park” from Tremtrust 1 Trust comprising of 30% of block 1 and 100% of blocks 2, 3 and 4 of the property for R 313 000 000.

Thursday, 15 November 2018 11:45

How politics is driving the value of the rand

In recent years the financial market landscape has changed dramatically, and the way we analyse countries and their risk has followed suit.

Paul Jackson has been appointed as a Member of the Board of Directors, effective 04 October 2018.

Hammerson plc (“Hammerson”) has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store.

Tuesday, 02 October 2018 09:23

In property, we trust

Financially speaking, the notion of a trust tends to have connotations to wealth and independence (trust fund children?!) but when it comes to property and trusts, it is useful to know your trust benefits from your tax law in order to determine if this is a viable route for protecting your asset and optimising your money.

Wednesday, 30 July 2014 13:18

Commercial real estate is beneficial

For business owners, buying a commercial property is an investment in their future, without being one in their core business, says Mike Walters Renprop Commercial divisional head.

Safari Investments expects additions to its portfolio to more than double its asset base to R3bn within three or four years.

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