The entrepreneurial spirit comes in to play in the sale of residential property
Not with standing the fluctuations in the rand and the interest rate hikes in the first quarter of the year, conditions are increasingly stable re-establishing the platform for ongoing interest in property as an asset class in 2002.
Trends in Listed Property
Institutional investment property exposure in the recent past has generally been reduced largely owing to the relaxation of exchange controls and the move from defined benefit to defined contribution pension funds, in turn prompting greater liquidity and choice of investment. With property exposure tending to have deceased in the 1990’s, innovations in property securitisation have subsequently greatly promoted liquidity.
JHI’s expansion into property management beyond the borders of South Africa has received a major boost, having recently being awarded the contract to manage the R200 million Lesotho National Development Corporation (LNDC) property portfolio.
More...
Johannesburg's central business district (CBD) is to receive a R50m retail development Union Square at the corner of Noord and Twist streets
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.