Growth in the value of outstanding credit balances in the South African household sector (R1 660,9 billion) remained relatively stable in the first four months of 2019, recorded at 6% year-on-year (y/y) at the end of April this year.

Friday, 24 May 2019 12:31

Repo rate unchanged

South African Reserve Bank (SARB) Governor Lesetja Kganyago has announced that the Monetary Policy Committee (MPC) has maintained the repurchase (repo) rate at 6.75%.

JSE diversified REIT, Dipula Income Fund (Dipula), today announced steady interim results for the six months to February 2019.

NEPI Rockcastle’s wholly-owned subsidiary, NE Property BV, has closed the corporate bond book build referred to in the announcement released earlier today.

The generally market-friendly election outcome will in all likelihood create a degree of certainty and stability and go some way towards addressing the issues currently affecting  confidence in the South African economy - and as a consequence have a positive effect on the South African residential property market, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Much in line with developments in 2018, private sector-financed building activity (see explanatory note) in the South African market for new housing showed divergent trends in early 2019, based on data released by Statistics South Africa.

Wednesday, 27 March 2019 13:10

The do’s and don’ts of downscaling

The long-held belief that bigger is better when it comes to property is certainly one that is being challenged all the time.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

Attacq Limited , a South African-based REIT today announced an interim dividend of 40.5 cents per share for the six months ended 31 December 2018, which is well in line with guidance.

A breakfast event held jointly by the South African Property Owners Association (SAPOA), Women’s Property Network (WPN) and the South African Institute of Black Property Practitioners (SAIBPP) sponsored by Beier Group and the Durban ICC, took place at Durban’s ICC on 13 February 2019.

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