The auction of a mountain peak in Hout Bay was cancelled after a protest against the sale in which police fired rubber bullets at a group of about 100 stone-throwing people.
There has been a large increase in queries regarding local property from expats living abroad which indicates that South Africa is seeing an increase in the number of expats returning home.
SA’s Fifa host cities have to decide whether to take out extra insurance to boost their cover for some of the risks associated with the 2010 soccer World Cup.
The International Downtown Association’s (IDA’s) – the world leader and champion for vital and liveable city centres -chose The Central City as the Downtown of the Month
Claremart Auction Group will soon sell the building that houses one of Cape Town’s most frequented seaside restaurants.
A less posh version of favourite social spaces like Melrose Arch, the 120 End Street development is within walking distance of 150 000 residents in Hillbrow, Berea, Joubert Park and the city centre.
Emira Property Fund has committed itself to further growth of it’s property portfolio this year, says CEO James Templeto
It is not surprising that external management of property funds is so controversial. It you look at the results of Madison Property Fund Managers for December, it earned R138m from the three listed property funds it manages but it also had a second and third bite of the cherry, earning R12m in leasing fees and R14,2m in property management fees which were paid by the three property companies it already manages.
Standard Bank has affirmed its confidence in listed property group Hyprop Investments by granting the firm R500m debt that Hyprop plans to invest in completing various upgrades on Canal Walk in Cape Town and Hyde Park Shopping and The Glen Shopping Centre in Johannesburg throughout the year.
Despite softer residential rental demand appearing in 2008, the Trafalgar index rose by nearly 13% from January to December

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