eProperty News

Despite weak economic fundamentals resulting in negative real house price growth, the banking industry continues to show confidence in South Africa’s property market by further relaxing their lending criteria and approving home loan finance at levels last seen 12 years ago.

JSE-listed diversified real estate investment trust Redefine Properties today announced that its Chief Operating Officer, David Rice will retire on 31 August 2020, after more than a decade of service.

A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off,precipitating a number of significant market shifts.

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