In most cases when a person purchases a property, he will have to apply for a mortgage loan and this would be written into the offer to purchase as a suspensive condition, giving a certain time frame for the bond to be obtained by the bank and accepted by the buyer.

Wednesday, 03 April 2019 13:19

Hyprop raises R4 billion in three months

Hyprop CEO, Morne Wilken, says the group had been confident from the outset of successfully raising or refinancing the R5 billion referenced by Moody’s.

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?

2018 was a challenging year for the South African property market, with negative real price growth in the residential property market and slowing market activity.

Rowan Alexander, Director of Alexander Swart Property, says that from time to time he is forced to remind clients that the 72 hour clause contains concepts which they may have not fully understood.

JSE specialist shopping centre REIT, Hyprop, continued delivering strong growth in a tough economy with a total dividend per share of 756,5 cents for the year to June 2018, which was 8,8% higher than last year.

IAPF achieves AUD1.0bn portfolio value milestone through acquisitions and active asset management

Monday, 26 February 2018 12:41

No wealth tax but taxing the wealthy

In his 2018 Budget Speech, Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor.

The FTSE/JSE South African Listed Property Index (SAPY) achieved total returns of 17.2% in 2017, building on its performance of returns of 10.2% in 2016, to deliver double-digit growth to investors for the second year in succession.

Monday, 26 June 2017 10:31

Make your bond work for you

When deciding to buy a home, there are a few things a purchaser will have to consider.

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