Bloemfontein is experiencing a surge in residential property transactions concluded by young home buyers, particularly first-time buyers, who are snapping up homes mainly in the price band below R1million, says Ulrich Sirgel, area principal for Pam Golding Properties.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the year ended 28 February 2019 reflecting the toughest operating year in the Fund’s history.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat results for the half-year ending 31 August 2018.

Indluplace Properties Limited, the first residential focused property portfolio listed on the JSE, today announced that it has concluded an agreement with Diluculo Investments Pty Ltd to acquire Diluculo Properties Pty Ltd which owns a property portfolio of 1 319 residential units for R475 million.

Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.

Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.

Delta Property Fund concludes agreements to acquire 15 property letting enterprises from Orthotouch Limited for R507 000 000.

At the end of last year, house prices in Cape Town and Bloemfontein were accelerating, while the exact opposite was happening in Port Elizabeth this according to the latest Rode’s Report on the SA Property Market.

Today, First National Bank (FNB), the developers and a Member of the Mayoral Committee (MMC) at the Mangaung Metro Municipality, Councillor, Papiki Moeng, officially launched phase one of the Second Avenue Development project set to become FNB's new regional offices in Bloemfontein.

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