Monday, 3 October 2022 – Waterfall City today hosted an exclusive tour of the award‐winning 2 200-hectare Waterfall precinct to celebrate the launch of its official rebrand to 'Waterfall City'. Guests were given a guided tour of Waterfall City, including stops at several of its iconic sites, each of which revealed an aspect of the city’s newly launched cornerstones: Connection, Commerce, Care and Community.

19 August 2022. The South African Institute of Valuers (SAIV) has played a pivotal role in enhancing and developing the valuations profession in South Africa and remains committed to this.

Tuesday, 13 September 2022. Attacq Limited (“Attacq”), the JSE-listed REIT developing Waterfall City, today announced a pleasing set of financial results for the full-year ended 30 June 2022.

The Medium Term Budget Policy Statement (MTBPS) is expected to reveal an improved budget deficit and debt ratios for the 2022/23 financial year as a result of better than expected personal tax collections, lower levels of refunds and higher commodity prices. However, many of these gains are likely to be absorbed by failing state enterprises, a larger than expected government wage bill and increased demand for social relief grants.

Amidst a slowing economic recovery and rising interest rates, the residential rental market is proving to be surprisingly resilient, according to recent data released by TPN Credit Bureau.

21 October 2022, Johannesburg: Aucor Property, the leading property auction company in South Africa, continues to deliver real results on auction to both sellers and buyers, as the company marks a decade of deals. 
 
Greg Want, Managing Director of Aucor Property comments, “Our journey as a business over the past 10 years is one that has gone from strength to strength, with several industry setting records achieved. As we head into our biggest auction to date with more than 50 properties coming to the auction floor on 15 November 2022, we are expecting to close the year out with more than R2 billion in sales.”
 
“Despite a tough economic environment, the team has continued to set a pace in the industry that few could keep up with. Highlights this year included the sale of a private portfolio of 6 industrial properties in Pomona for R250 million; 5 petrol station sites sold in one auction; 4 buildings in the Free State and Northern Cape which sold for R88 million for a listed fund; 12 blocks of flats, and a multitude of deals concluded across the Lowveld and Western Cape regions, by dedicated teams in those areas.”
 
“This success has been made possible through the perseverance and hard work from a cohesive, dedicated team of skilled business development professionals who have a finger on the pulse of the property market, as well as the knowledge on how to drive demand and value within their networks of buyers and sellers, to achieve the right outcome.”
 
“Further to this, as we emerged from the Covid pandemic, we took the decision to return to the live auction environment as soon as the law allowed, and this proved to be one of the key factors in setting the business on its current trajectory. Transparency is fundamental in our industry, and whilst online platforms served a purpose during the early stages of Covid, feedback from our buyers and sellers was consistent - they want to be present in the auction room, and actively participate in the process.”
 
"Ultimately, these results are indicative of the appetite that the market has for transacting in real estate using the auction platform, and recognition of the fact that auctions offer a more efficient means for property disposal and subsequent liquidity access, which is proving to be an increasingly vital lifeline for many businesses in the current environment." concludes Want.
 
For more information on the upcoming November auction, visit www.aucorproperty.co.za

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Proving their solid strategy of investment into high quality Western Cape-only assets, across well aligned property tiers, the latest figures show a strong balance sheet and sound trading performance through a challenging six-month period.

If you are looking to buy property that you would like to bequeath to heirs at a future date, establishing a trust is worth considering as it can give you greater control over what happens to the property when are no longer around.

Barlow Park is set to become Sandton’s brand-new residential neighbourhood, providing much-sought-after affordable, top-quality housing right on the doorstep of South Africa’s commercial capital, Sandton Central.

Property investor and developer Atterbury has completed an innovative new facility for sustainable technology company Rubicon at Richmond Park in Cape Town.