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.

The message is out – Cape Town is open for business, and with tourism numbers expected to climb to 21 million by 2030, mixed-use residential developments offering exceptional accommodation are in high demand, says Pam Golding Properties.

“Won’t it be cheaper to build?” is a question trusted property advisors often hear. 

The total wealth held in Africa rose by a modest 14% over the past 10 years (2008-2018) with three of the largest economies on the continent, South Africa, Egypt and Nigeria performing poorly on most economic indicators according to the AfrAsia Africa Wealth Report 2019, released today by Mauritius based AfrAsia Bank.

It seems, no matter whether you’re talking to industry professionals in the boardroom or friends around the braai, that confidence in the property market is low.

Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.

Increased over the past two years, contributing to excess supply predominantly in the upper-ends of the property market.

FNB Home Finance has revealed that the number of single applicants who bought residential property through the Bank increased from 48% to 56% between 2016 and 2018.

Waterfall Management Company has been honoured with the Best Mixed-use Development in South Africa 2019/2020 award for the Waterfall development.

Atterbury’s new Western Cape office situated in the Winelands is La Gratitude Manor House - an iconic building, a national monument, and the second oldest building in Stellenbosch.