1st Quarter 2021 StatsSA residential building numbers showed some positive growth in units completed, but growth in plans passed was still negative.
Investec Property Fund, (“IPF”, or “the Fund”) today announced a resilient set of results, with the full year reflecting the impact of the COVID-19 pandemic which brought with it unprecedented socio-economic and market conditions, economic weakness and uncertainty in the business environment.
JSE-listed diversified real estate investment trust Redefine Properties, has reported a lower distributable income per share of 26.2c for the interim period to 28 February 2021, driven principally by the impact of Covid-19 on the property sector and broader economy.
Across the market, residential property sales in Bloemfontein last year (2020) were the highest recorded during the past decade, despite the impact of Covid-19 and the lockdown, says Pam Golding Properties area principal, Ulrich Sirgel.
Rebosis Property Fund, today reported better than expected interim results for the six months ended 28 February 2021.
JSE listed REIT Octodec Investments Limited, today reported its results for the six months ended 28 February 2021, against a weak economic environment exacerbated by the COVID-19 pandemic and country lockdown.
The TUHF Western Cape regional team believes that even though COVID has had an impact on the property market, there are still significant opportunities for savvy investors looking to enter the affordable residential sector as new areas for development become available.

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