Hello Visitor,
In the News this past week
Reserve Bank Governor Lesetja Kganyago has announced that the repo rate will remain unchanged for the time being, despite some economists banking on a rate cut.
Levels of building activity in the South African market for new housing showed diverging trends in the first three quarters of 2019.
An amazing pilot project in Khayelitsha is delivering free property advice and enabling residents to access their title deeds for the first time. Assisting over 300 residents since it started in mid-2018, the project is unlocking property value in the affordable housing market.
Three frail care centres and a mix of residential and commercial properties on BidX1’s 4 December online property auction.
Massive property auction on behalf of Telkom
GoIndustry DoveBid SA is hosting a massive property auction on behalf of their long-standing client, Telkom.
This online auction will feature 34 properties which are located across South Africa, and will include commercial and industrial buildings, vacant erven as well as agricultural land.
Auction closes on 26 November from 14:00 with viewing strictly by appointment.
Contact Kim Faclier on kim.faclier@liquidityservices.com / 0860 0000 10, or Catherine Pritchard on catherine.pritchard@liquidityservices.com / 071 6034478.
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RMB facilitates the redevelopment of one of South Africa’s largest shopping centres
RMB enables the ZAR3-bn redevelopment of Fourways Mall, delivering real value to the client and community.
Through multi-disciplinary expertise, RMB unlocked the financing of the complex and large-scale redevelopment of Fourways Mall, acting as debt structurer, sole-mandated lead arranger, co-funder and joint interest rate hedge fund provider.
As one of the largest real estate developments in South Africa, this renewal project positions Fourways Mall as one of the dominant retail nodes in South Africa.
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