Wednesday, 12 September 2018 13:10

South African millennials are buying homes

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.

Wednesday, 11 April 2018 23:13

Dipula capital raise 32% oversubcribed

JSE diversified REIT - Dipula Income Fund (Dipula) – yesterday announced the results of its successful bookbuild in which it raised approximately R790 million.

The value of outstanding credit balances in the South African household sector increased by 3,8% to R1 542,8 billion in 2017, up from a low of 0,7% in 2016.

The results represent the first full year performance of Ascension since Rebosis acquired the asset manager of Ascension in February 2014.

Friday, 28 November 2014 10:43

Prevance launches auction funding

There are opportunities in the market to buy properties on auction at a low price.

The benefits of green building alone make good business sense they're good for the environment, their owners, their neighbours, the people that work in them and bottom lines.

IAPF poised for acquisitive growth with gearing paid down to zero after successful rights offer

Friday, 10 January 2014 11:14

UK capital gains tax is bad news for SA?

South Africans with property in the UK will in future be liable for capital gains tax there once they sell their property.

Tuesday, 12 February 2013 11:53

Solar Capital Wins R13b Energy Deal

Cape Town renewable energy company Solar Capital won a R13 billion South African energy deal to supply the South African energy grid with electricity generated from a 75 megawatt photovoltaic solar farm being developed in the Northern Cape.

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