Monday, 10 December 2018 23:01

Buying a house during recession

It was recently announced that South Africa is in a technical recession, and although it sounds daunting to buy a house during a recession, it might be the perfect time to do so.

Following S&P Global Ratings’ confirmation of NEPI Rockcastle’s BBB/Stable/-- rating in response to the publication of a report on NEPI Rockcastle by Viceroy Research. 

Gemgrow Properties, the specialist high yield, high growth REIT listed on the main board of the JSE, today announced its annual results for the financial year ended 30 September 2018 delivering dividend growth in line with guidance.

It’s been over a decade since the start of the Global Financial Crisis , and markets have rebounded spectacularly in the years that have followed.

Fitch Ratings has affirmed real-estate company NEPI Rockcastle plc's Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB' with a Stable Outlook.

Third quarter (Q3 18) statistics released by ooba, South Africa’s leading home loan originator, show that year-on-year from Q3 17 to Q3 18, the growth in the Average Purchase Price effectively remained static with a 0.1% increase. This continues the trend of negative real price growth (growth less inflation) in the residential property market.

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.

Brainworks – a Mauritian-based JSE-listed holding company with a diversified Zimbabwean investment portfolio - announced its interim results for the six months ended 30 June 2018 (“HY18”), showing a revenue increase of 28% to US$31 million compared to US$24 million for the comparative period (“HY17”).

Emira Property Fund continues to advance its conservative approach to funding, which underpins its agile approach to market opportunities.

Retail-oriented property fund Fairvest Property Holdings enters into an agreement with Born Free Investments 385 to acquire rental enterprises for R133m.

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