Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

South Africa’s largest self storage property fund, JSE REIT Stor-Age, has continued on its acquisition trail and has entered into a R95-million transaction for the development and subsequent acquisition of a new property in Craighall, Johannesburg.

New Vantage Properties, a brokerage specialising in leasing and investment sales, has brokered the sale of the sought-after Hutton Court building in Hyde Part to Nu Metro.

At one or another stage of life we are all bound to find ourselves faced with the dilemma of whether to rent or buy a home.

Driven by a dynamic tenant mix of exclusive global and local brands Hyprop's Hyde Park Corner is the definitive destination centre for style-conscious, boutique shoppers wishing to access the very best in luxury; be it conventional goods, or merchandise which follows more eclectic fashion and lifestyle trends.

The High Street Auction Co, South Africa’s leading real estate auction firm, today auctioned 18 high value properties at its monthly multi property auction held at Summer Place in Hyde Park.

Porsche South Africa was the highest bidder on Kyalami racetrack which went under the hammer today,at the High Street Auctions event, for a record R 205 million.

Today's multi-property auction reflects the increasing trend of buying and selling properties on auction.

High Street Auction Co announces at its multi-property auction that it will sell Kyalami Race Track on July 24, in what it said will be the biggest no-reserve auction in SA history.

"Real Estate auctioneering is very difficult and companies need to be highly proactive to do the job justice.

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