Heartwood Properties, a commercial and industrial property developer listed on the 4 Africa Exchange, recently announced the appointment of Mr. Bernard Roy Seeff as the latest non-executive director to join the company’s board of directors and act as a member of their audit committee.

The Cape property market continues to define and set the bar ever higher according to Seeff chairman, Samuel Seeff.

It appears that the housing slump has bypassed university towns like Stellenbosch, Grahamstown and Potchefstroom on the back of strong growth in demand for rental stock.

Infrastructure development, combined with commercial, retail and business premises growth, are transforming the suburb of Bryanston in Johannesburg.

One is reminded of the late great David Frost’s remark: “With our backs to the wall we can only go forward”, when reading Seeff’s latest press release titled: “Best Property Buyers’ market in decades.”

The new Municipal Property Rates Amendment Bill is dire news for an already struggling property market according to Seeff Chairman, Samuel Seeff