Construction of Palm Brook, the fifth block of apartments in the Oasis Luxury Retirement Resort at Century City where 23 apartments have already been sold for more than R120million, has now commenced.
The real estate and investment industry are also concerned with Brexit and the question behind it: What does the future of Europe look like with national barriers?
London-focused property company Capital & Counties strikes GBP200m off the value of its Earls Court estate.
Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% stake, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.
Exciting opportunities arise in uncertain and difficult times, says Norman Raad, CEO of Broll Auctions and Sales.
Among others on offer at Broll Auctions and Sales next auction at 12h00 on Tuesday 2 August 2016 at the Wanderers Club in Illovo, Johannesburg, are three prime located properties in Meadowdale in Germiston, Gauteng.
Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.

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