The August 2012 residential market overview compiled by the highly respected analysts, Lightstone, reveals clearly that the four major banks in South Africa, as well as, Investec and SA Homeloans have by-and-large come to terms with and solved the unpaid mortgage loan crisis that hit them in 2008/2009.
The Fleurhof Integrated Human Settlement Development in Florida (Gauteng), officially launched by Minister of Human Settlements Tokyo Sexwale, is a prime example of a private and public partnership that has successfully brought positive social impact to the province
Namibia is the 15th largest country in Africa with a population of just over two million people; this makes it the second least densely populated country in the world after Mongolia. With a per capita GDP of $7363.00 (7th in Africa) one would think the population isn’t doing too badly, however, given that approximately half the population live below the international poverty line of U.S.$1.25 a day, that picture alters
The property marketers of The Route 21 Corporate Park business development, Abacus DIVISIONS, has announced that it has signed its first “green” tenants for a R60 million environmentally friendly building, built during the latter part of 2011. It also raises debate around obtaining an actual green star rating vs claims at being a green building
The FNB House Price Index showed a further acceleration in June, in year-on-year growth terms, from a revised 8.6% rate in May to 8.9% in June. This is the highest year-on-year growth since June 2010. However month-on-month growth appears to be slowing as reflected in the accompanying graph further below
Woolworths which shares details of how local South African suppliers that form part of the company's enterprise development (ED) programme are benefitting from the company's expansion into Africa. One family-owned business in particular, Stuart's Joinery, has been appointed as the preferred shopfitting supplier for Woolworths' African stores. In addition, they are a strong case study of how enterprise development programmes benefit retail supply chains in the long-run
It has never been easy to get a new project launched and the plain truth is that developers have to be some of the most persevering people in the entire construction sector. It is opined that at this stage in South Africa’s economic history, far too few new projects are being launched, to the detriment of the entire residential sector. Setting out of the process, along with some of the realistic challenges, may however encourage owners sitting on land to consider its potential and further development.
With the first of July comes the beginning of the new Municipal Financial year. Alas for Johannesburg and other city ratepayers that means digging in deeper to those shallower pockets
The Royal Institution of Chartered Surveyors (RICS) aims to significantly strengthen its membership in South Africa and is actively promoting international standards and best practice in the built environment in the Southern African Development Community (SADC).
One couldn’t possibly be too careful. Three years into recovery and the European crisis hanging over us like a Sword of Damocles, with media reports this month of bankers calling the bottom of their credit impairment cycle as their book growth is starting to create renewed increases in portfolio provisions, some are looking out for the next recession while others may just want to turn cautious naturally.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.