As anticipated, the MPC kept the repo rate steady, taking a conservative approach against the backdrop of rising fuel prices, and with a wary eye on CPI inflation, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Lucid Ventures, the R350M Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market.
South Africa, Cape Town; An iconic 70’s high-rise in Cape Town’s downtown financial district is being redeveloped into a unique mixed-use building called Foreshore Place, which will feature 34 storeys of ultra-modern, luxury residential and commercial premises.
The generally market-friendly election outcome will in all likelihood create a degree of certainty and stability and go some way towards addressing the issues currently affecting confidence in the South African economy - and as a consequence have a positive effect on the South African residential property market, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.
Abland, one of South Africa’s leading property developers for over 30 years, is developing a distinctive mixed use development in the CBD of Cape Town in partnership with Nedbank.
John Rabie, one of South Africa’s most successful property developers, has recently embarked on a substantial new venture in Portugal.
The recent ruling by the Supreme Court of Appeal where the body corporate of Gardens Lodge in Cape Town was found to have charged a “patently exorbitant” interest rate on levies that were outstanding.
Long the unassuming and often overlooked wallflower of the Southern Suburbs, Plumstead has been attracting growing investor interest in recent years, especially since the bubble burst three years ago.
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