As South Africa continues to face an increasingly harsh economic climate due to further credit downgrades and high levels of fiscal uncertainty. 

Stenprop Limited today announced its interim results for the six months ended 30 September 2017, a period in which it has made significant progress on its objective of establishing itself as a leading player in the UK multi-let industrial strategy.

Vantage Capital , Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider.

South African REITs (real estate investment trusts) once again ranked high among the country’s top companies earning the most for shareholders.

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce an interim distribution of 4.95 cents per unit pre-withholding tax (“WHT”) and 4.64 cents per unit post WHT for the six months to 30 September 2017 (30 September 2016: 4.81 cents per unit pre WHT and 4.64 cpu post WHT).

Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.

As the only South African city with a thriving CBD, Cape Town’s adjacent City Bowl uniquely offers the perfect synergy of urban accessibility and suburban lifestyle, which makes it especially appealing to millennials (under 35’s) who accounted for 42% and 25% of recent buyers in Vredehoek and Gardens respectively.

Tuesday, 07 November 2017 11:28

'Rentvestor' a new breed of property buyer

South Africa is currently seeing the emergence of a new type of property buyer known as a “rentvestor”, says Gerhard Kotzé, MD of the RealNet estate agency group.

Wednesday, 01 November 2017 14:50

GMI Property Group

GMI Property Group is a Pretoria based development company that specializes in Rural Retail developments.

Published in Property Development

Tongaat Hulett has been recognised as a global leader in sustainable water management and has been awarded a position on this year’s Water A-List by CDP, the non-profit global environmental disclosure platform.

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