One of the most important decisions investors face when entering the rental market is choosing between letting a property on a long-term lease or opting for short-term rentals as both options have their advantages and challenges.

1st Quarter 2024 Property Sales Activity Survey –Brokers point to the commercial property market being off to a start that lacks clear direction in sales activity, much like the economy that drives it. The City of Cape Town is perceived as the major metro region with the strongest sales activity.

Eastern Cape’s major metros are seeing an influx of people from surrounding rural areas, driven by access to tertiary education at the province’s major universities and the search for meaningful employment opportunities. Though the urbanisation trend is not unique to the Eastern Cape, the province’s metros are particularly understocked to meet the high demand for affordable housing, according to Letlatsa Lekhelebana, Senior Portfolio Manager and Funeka Ndalasi, Portfolio Manager at TUHF in the Eastern Cape.

Today’s announcement by the Monetary Policy Committee (MPC) that the repo rate would remain unchanged at 8.25% - meaning that the prime rate holds steady at 11.75% - was disappointing for consumers with significant borrowings, including those with existing mortgages as well as first-time home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Accelerate Property Fund sells Cherry Lane Shopping Centre for R60 million with Cadastral Assets (Pty) Limited.

Fortress Real Estate Investments delivers strong 1H2024 results: Simplified capital structure and robust operational performance drive growth

Dipula Income Fund’s new lease with EOH for the Montrose Place at Waterfall Park in Midrand’s Vorna Valley has led to an innovative and high-impact corporate social responsibility project. The entire 4,000qm building was fitted out by REO, using small contractors who not only completed the entire build project but also tailor-made the furniture in the basement of the building.

The Mauritius office of Pam Golding Properties has sold a six-bedroom, luxury beachfront villa in exclusive One&Only Private Homes Le Saint Géran resort development for USD13.6 million – the highest price ever achieved for a residential property sold on the island. The property has been acquired by a foreign buyer.

Octodec Investments Limited, proudly announces the opening of the Dis-Chem Community Clinic yesterday in Tshwane.