Knight Frank’s Prime Global Rental Index, which tracks the change in luxury residential rents across 17 cities globally, fell for a third consecutive quarter with rents falling on average by 0.5% in the year to March 2016.

Easy access to the workplace, educational institutions, shopping, entertainment, transport, and other facilities, as well as security, remain important concerns to the residents of Pretoria, and are assisting to drive ongoing demand for properties in well-situated estates and sectional title complexes.

The residential market up until 2015 was essentially a sellers’ market driven by low interest rates, strong demand from buyers and a shortage of stock.

Dr Andrew Golding comments on the impact of Brexit on the property market

Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong Annual Results despite a challenging business environment and slow economic growth.

Investec Australia Property Fund announced the acquisition of a three level, A-grade property in Macquarie Park, Sydney for AUD 23,255,000.

Billionaire businessman Patrice Motsepe’s African Rainbow Capital (ARC) has made its first foray into property‚ buying a 20% stake in Val de Vie Investments‚ which is expanding a high-end residential estate in the Western Cape.

The Durban Residential Property Market is Showing Strong Price Growth  - and not only in the lower market segments:

Residential building activity in the South African market for new housing remained relatively subdued in the first four months of 2016 compared with the corresponding period a year ago.

A strong precinct management system has played a strategic role in the success of the Cornubia Industrial and Business Estate (CIBE).