The new Property Practitioners Act (PPA) came into effect on 1 February and, whilst the tightening up on legislation largely concerns agents and agencies and how they conduct business, consumers also need to understand the implications of these changes, especially those in relation to compliance.

Vukile Property Fund’s (JSE: VKE) 88% held Madrid-listed subsidiary, Castellana Properties Socimi, has acquired a 21.7% shareholding in its market peer Lar España Real Estate Socimi.

JSE listed REIT Fairvest Property Holdings Limited (“Fairvest”) today reported its results for the full year ended 30 June 2021.

Location is a key consideration when choosing where to live or invest in property, say Anton Hartmann and Tyron Baird, of HB Realty.

Even though the COVID-19 pandemic has had an impact on the property market across South Africa, there are still significant investment opportunities to be had, especially in the residential sector.

Commonwealth countries are estimated to have lost up to US$345 billion worth of trade in 2020, including $60 billion in intra-Commonwealth trade, according to 2021 Commonwealth Trade Review on “Energising Commonwealth Trade in a Digital World: Paths to Recovery Post-COVID”.

The ongoing COVID-19 pandemic has seen three major trends emerge as drivers of investment in Africa’s Commercial Property space.

Whilst the onset of the pandemic has significantly impacted the commercial sector, it’s not all doom and gloom and there are ample opportunities for investors and landlords to harness the market shifts and translate them into opportunities if they remain flexible and do their homework.

Fortress REIT announced that their biggest logistics development to date was signed with Pick N Pay at their flagship premium-grade Eastport Logistics Park, close to ORT Airport in Gauteng.

Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, announces that flagship retail asset, the Mall of Africa, celebrates its fifth birthday today.

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