A Successful Festive Season for Shopping Malls.

Building a stable, successful and income generating property portfolio is a journey, with much for the new and continuing property entrepreneur to learn about. One of the most frequent concerns for property entrepreneurs is around raising capital.

With R127-billion’s worth of investments earmarked for the Eastern Cape across an array of sectors and spanning a significant portion of districts, Gqeberha is seeing an influx of home buyers and investors, as well as renters, relocating to Nelson Mandela Bay Municipality from Gauteng.

The Growsmart Educational Programme, an initiative by Growthpoint Properties, has reached the pinnacle of its annual competition season, celebrating the brightest young minds in the Eastern Cape.

Eastern Cape’s major metros are seeing an influx of people from surrounding rural areas, driven by access to tertiary education at the province’s major universities and the search for meaningful employment opportunities. Though the urbanisation trend is not unique to the Eastern Cape, the province’s metros are particularly understocked to meet the high demand for affordable housing, according to Letlatsa Lekhelebana, Senior Portfolio Manager and Funeka Ndalasi, Portfolio Manager at TUHF in the Eastern Cape.

Exemplar REITail has declared a dividend of 141,1 cents per share (cps) for the full year ended 28
February 2023.

With three months until Boardwalk Mall’s official opening, the development is comfortably on track to open fully-let, bringing the best shopping, leisure and entertainment South Africa has to offer to Gqeberha.

Despite less than 300km separating the Eastern Cape cities of East London from Gqeberha (formally Port Elizabeth), the contrast in the residential rental property market could not be more significant.

Since June this year, residential property sales have escalated in the Eastern Cape hubs of Port Elizabeth and East London, and encouragingly, with brisk activity across all price ranges, reports Pam Golding Properties.

The residential property market in the Eastern Cape has remained surprisingly resilient during the unprecedented times the economy currently faces, says Pam Golding Properties.