eProperty News

The current state of the economy brought about by many factors including the Covid 19 Pandemic and the recent downgrade to junk status is having an unparalleled effect on the real estate industry in South Africa.

Reports of the demise of the construction industry in South Africa are greatly exaggerated, says construction giant Grinaker-LTA.

The National Home Builders Registration Council will resume offering its full service operations at its main Provincial Offices as of Monday, 8th of June 2020 in line with the Level 3 Lockdown Regulations.

Shoppers slowly began returning to shopping centres and malls after lockdown restrictions were eased slightly on May 1 and activity is expected to pick up further when the country moves to level 3 lockdown  from June 1 says Fortress REIT, the owner of 60 malls across South Africa.

Wednesday, 27 May 2020 11:48

The success of online Property Auctions

The current state of the economy brought about by many factors including the Covid 19 Pandemic and the recent downgrade to junk status is having an unparalleled effect on the real estate industry in South Africa.

Exemplar REITail records solid double-digit dividend growth of 11.9%, with a full year dividend of 92,27 cents.

On Sunday evening, the President announced a relaxation in COVID-19-related lockdown measures, from level 4 to level 3 as from 1 June, which means the opening up of most retail activity, excluding restaurant and pub facilities.

The Master Builders Association North (MBA North) has launched comprehensive COVID-19 health and safety consulting and training services to help the region’s construction sector to prepare for a return to work as quickly as possible after restrictions are lifted.

JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, yesterday closed an accelerated bookbuild.

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