Monday, 10 December 2018 23:01

Buying a house during recession

It was recently announced that South Africa is in a technical recession, and although it sounds daunting to buy a house during a recession, it might be the perfect time to do so.

Wednesday, 05 December 2018 19:24

SA exits technical recession in third quarter

South Africa has come out of a technical recession with the economy growing by 2.2% in the third quarter of 2018, said Statistics South Africa (Stats SA).

 Diversified, South African-focused property fund Arrowhead today reported results for the year ended 30 September 2018.

Today’s October CPI (Consumer Price Index) showed a slight acceleration in its year-on-year inflation rate, from 4.9% in the previous month to 5.1%.

MAS, through a wholly owned subsidiary, Flensburg Limited, has entered into a sale and purchase agreement to acquire a shopping centre located in Flensburg, Germany, from Commerzbank Aktiengesellschaft.

Spiralling electricity costs and the escalating energy crisis have fuelled a fast-growing trend towards energy-efficiency and green building principles during the past decade, but ecological awareness could prove a costly exercise for Cape home-owners who fail to comply with new regulations.

Whether it be a commercial or residential property sale, every owner begins the anxious countdown to the months it takes to transfer the property to the new buyer and subsequently receive payment of their proceeds.

Thursday, 25 October 2018 15:52

Legaro the highest rated green building in SA

Legaro, boutique developer of quality, exclusive lifestyle and commercial properties, recently walked away with the honours of being 2018’s highest rated green building in South Africa at the 11th Green Building Convention’s gala dinner held in October.

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

Getting your foot on the property ladder isn’t easy for first-time buyers.

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