Well positioned in close proximity to the City of Ekurhuleni’s Aerotropolis, which is being developed around OR Tambo International Airport, Johannesburg East has emerged into the spotlight as a strategically well-positioned location for home owners and businesses alike.
Building on the success of the strongest mall in Cyprus, Atterbury Europe’s first phase Mall of Cyprus expansion has opened to shoppers with an added 6,000sqm of retail space, 15 new retail brands, six new food and beverage concepts and 300 extra parking spaces.
Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.
No-one wants to default on their bond instalments or other account payments, but often in January and February, there just isn’t enough money to go around after a big holiday splurge in December.
Today’s October CPI (Consumer Price Index) showed a slight acceleration in its year-on-year inflation rate, from 4.9% in the previous month to 5.1%.
Whether it be a commercial or residential property sale, every owner begins the anxious countdown to the months it takes to transfer the property to the new buyer and subsequently receive payment of their proceeds.
Financially speaking, the notion of a trust tends to have connotations to wealth and independence (trust fund children?!) but when it comes to property and trusts, it is useful to know your trust benefits from your tax law in order to determine if this is a viable route for protecting your asset and optimising your money.
Africrest Properties intends to be one of the top 10 largest residential middle-income landlords in Gauteng within the next 5 years.

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