Examining the FNB House Price Indices for the country’s major regions, slowing price growth in the country’s recent star performing region, the Western Cape, continued in the 1st quarter of 2017.

While the residential property market in general has been experiencing a reduction in activity over the past two years, there are definite signs of a positive shift in the marketplace.

Monday, 28 November 2016 23:10

Tsogo Sun hikes payout

Tsogo Sun hikes its interim dividend 10% to 34c per share despite adjusted headline earnings for the 6 months to end-September being static at 88c per share.

The Institute of Estate Agents of South Africa, Western Cape, has been instrumental in discussions with the council to discuss the City of Cape Town’s outdoor advertising and signage policy and bylaw.

The mixed use Century City Square development, which was developed by the Rabie Property Group at a cost of R1billion, has been awarded a 4-Star Green Star – Custom Mixed Use Design rating by the Green Building Council of South Africa.

Tuesday, 15 November 2016 07:16

Cape Reit fund in pioneer JSE listing

Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.

JSE listed Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused actively managed Investment Holding Company, today announced solid financial results for the year to 31 August 2016.

JSE listed Trematon Capital Investments Limited (“Trematon” or “the Company”), the Western Cape focused actively managed Investment Holdings Company, through its subsidiary ARIA Property Group (“ARIA”), today announced a R614 million acquisition from Redefine Properties Limited.

The current residential market continues to reflect the state-of-the-nation and the economy, both in terms of price growth and the level of consumer and business confidence.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

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