Growthpoint will not rush into other emerging markets, but instead bide its time and continue to grow its existing investments in Australia.

Growthpoint Properties today introduced the first electronic bike hubs to Sandton Central in a pilot project that pioneers a new, convenient and environmentally innovative alternative mode of transport for South Africa’s financial hub.

Apart from isolated cases where foreign buyers purchase local residential property they perceive as bargains, South Africa is not seeing a flood of foreign buyers despite the weak Rand.

Texton Property Fund is moving closer to its goal of having half of its portfolio exposed to UK property and half to South African property.

Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.

Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced an outstanding first set of financial results as a JSE listed company. 

While SA offers the best real estate investment opportunities in Africa, investors need to focus on funds that have strong property fundamentals.

Thursday, 19 May 2016 17:26

Repo rate remains unchanged at 7%

The Reserve Bank on Thursday kept South Africa’s repo rate unchanged at 7 percent per annum.

While it appears South Africa’s repo rate still remains in a rising cycle, today’s decision by the Monetary Policy Committee to pause and keep the rate stable makes sound economic sense given the stagnant economy and ongoing cost pressures exerted on consumers, says Dr Andrew Golding, CE of the Pam Golding Property group.

The takeover of hotel-focused property fund Hospitality by Southern Sun Hotels has been approved by SA’s competition authorities‚ with conditions.

Please publish modules in offcanvas position.