“South Africa’s residential market is in for an interesting time in 2019, but our predictions for the year are all positive, and we believe that home buyers and investors who take the plunge and buy early will be well-rewarded.”

Whether it be a commercial or residential property sale, every owner begins the anxious countdown to the months it takes to transfer the property to the new buyer and subsequently receive payment of their proceeds.

Wednesday, 10 October 2018 11:20

Green Stars rising in Mauritius

Mauritius, the business-friendly island nation, is celebrating their first Green Star rating at the Mon Tresor Business Gateway. The Mon Tresor Smart City is one of several schemes aimed at consolidating the convenience of Mauritian international business and financial services through helping residents’ work-life balance.

The opportunity for African countries in supporting the growth and development of their affordable housing industries is immense and transformative.

Africa Logistics Properties has today launched its first 49,000 sqm of modern grade –A warehousing at ALP North Industrial Park with 75 per cent of the facility pre-leased at a time when other segments of the commercial, retail and residential real estate market are struggling to achieve total occupancy of 75 per cent.

With all development rights in place, civil construction on the much awaited Ntshongweni Urban Development will commence in early 2019.

The opportunity to obtain 10% yields across different sectors has made Francophone Africa attractive for Cornet compared to Europe.

With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Idea to help solve housing crisis in Cape Town shortlisted.

As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.

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