Thursday, 29 September 2016 11:32

Household credit and mortgage balances

Growth in outstanding credit balances in the South African household sector remained low at 1,4% year-on-year (y/y) up to the end of August 2016.

Jo Malone has become the latest leading international brand to join the stylishly compelling retail, restaurant and leisure mix at Melrose Arch.

The South African Institute of Black Property Practitioners (SAIBPP) today hosted a media briefing to launch its upcoming annual convention taking place from 2-3 November 2016 themed “The Property Sector as a Key Driver for Sustainable Economic Growth and Wealth Redistribution”.

The impact of buildings on the environment is astounding, with the built environment currently accounting for 25% of the world’s water usage and 60% of its electricity. But it doesn’t have to be this way.

While the look ahead will be challenging for the South African property industry as a whole, there are still pockets of opportunity for investors, landlords and tenants, says Tim Cable, director, who now heads up the real estate sector in South Africa for global professional services consultancy, Turner & Townsend.

Women continue to make inroads into the traditionally male-dominated South African property industry.

After five trailblazing years at the helm of the Green Building Council South Africa (GBCSA), CEO Brian Wilkinson has announced his early retirement.

Growthpoint will not rush into other emerging markets, but instead bide its time and continue to grow its existing investments in Australia.

An entrepreneur Malose Kekana , clings a multibillion-rand deal which will see his consortium owning 24% of property company, Pareto.

Ideally located close to the N1 highway, Midrand is fast establishing itself as the new Northern suburbs of Johannesburg.

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