In his 2018 Budget Speech, Finance Minister Malusi Gigaba has found a balance between raising taxes on the wealthy, broadening the tax base and providing a safety net for the poor.
In the 4th Quarter 2017 FNB Estate Agent Survey, the secondary home demand percentage was mildly lower than in the prior quarter, representing the 3rd successive quarter of decline.
Informed investors would do well to buy now into new developments with great opportunities to choose from.
Retailers and shopping centres throughout the country are reeling in from the challenging 2017 year. Despite this, retailers and shopping centres garnered support from consumers over the Festive Season.
In January 2018, the FNB House Price Index showed a slowing in year-on-year growth compared with the revised December 2017 rate. This comes after some prior months of accelerating year-on-year growth.
RDI, the FTSE 250 income focused UK-REIT, announces the acquisition of an 80% interest in a portfolio of four established, strategically located and high quality flexible offices in Central London from Forum Partners, Kailong Group and Office Space in Town (“OSIT”).
JSE listed Echo Polska Properties (EPP) today announced results for the nine months ended 30 September 2017 (“the period”), again demonstrating continued growth in distributable earnings to €59.2 million and a distribution per share of 8.41 euro cents.
Negativity seems to have become the fashion in SA’s real estate industry over the past few months, but while there will be challenges, the property market is not going to “fall off a cliff” in 2018, says Berry Everitt, CEO of the Chas Everitt International property group.
According to a recent study conducted by Morgan Stanley Capital International (MSCI) Real Estate South Africa on behalf of the South African Council of Shopping Centres (SACSC), malls are getting bigger.

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