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Uncategorized

Property Barometer – Housing Market Transaction Volume Trends

Transaction volume growth in the housing market started 2018 mildly improved, and mortgage lenders are expected to experience positive growth in volumes in the bonded segment of the market in 2018 as a whole after a slight decline in 2017. But growth in the near term may get slightly worse before...

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Local Smart Cities aim to drive sustainability

More and more property developers are moving towards incorporating nature into building design. Green spaces have proven popular, even in major cities where they are seemingly rare. Rooftop gardens are popping up in central business districts such as Hong Kong, Tokyo, Rotterdam and New York. Urban...

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Subdued household credit and mortgage balances growth in Q1 2018

The value of outstanding credit balances in the South African household sector (R1 564,1 billion at the end of March) showed growth of 3,9% year-on-year (y/y) up to the end of the first quarter of 2018. Year-on-year growth in secured credit balances was marginally lower at end-March, whereas growth...

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Property value effects rates and taxes, says RE/MAX

Each month home owners receive a bill for the rates and taxes applicable to their property, but what are these municipal rates used for and how is the amount worked out? Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that municipal property rates are financial...

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JHB’s subdued rental market sees significant shifting

Numerous economic and geographic dynamics have created a year-on-year downturn in Johannesburg’s property rental market in 2016, taking its toll on the province’s economy and precipitating notable market shifts. The major causes of the slump in earnings derived from investment properties have been...

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Research

Overall residential building activity subdued up to late 2018

Private sector-financed building activity in the South African market for new housing remained subdued in the first eleven months of 2018, based on data released by Statistics South Africa. However, significant divergences remain evident at a segment level, with the category of higher-density...

Areas and Places

Morningside Shopping Centre welcomes 10 new shops

Morningside Shopping Centre has welcomed ten new shops to ring in 2019.  The recognizable brands include Wellness Warehouse, Birkenstock, Whisky Brother, Scotch & Soda, Naked Coffee, Typo, Pick n Pay Clothing, Bidvest Waltons, Beauty Factory and Café Patisse.  Centre Manager Sharon Henry...

News

EPP outperforms the market for 2018

Polish retail property fund, EPP delivered a total return of 21% in 2018, significantly outperforming the market and the top performing listed property company of the year.  “Our focus on retail, specifically in the Polish market has given us clear advantages over some of our competitors who are...

News

Emira’s Denver warehouse refurbishment on track for completion in March

Emira Property Fund is set to complete the total refurbishment of its 9 800 square meter Denver warehouse facility in Johannesburg by March this year.  Situated on the corner of Mimetes Road and Kruger Street, Emira is investing R8.2 million in the major revamp project, which will bring the...

Areas and Places

Iconic V&A Waterfront Clock Tower receives much needed TLC

The gathering call for the V&A Waterfront’s Clock Tower to refurbished has been heard. Building refurbishment company, Indawo has completed the much-needed redecoration of one of Cape Town’s most important historic buildings.  The Clock Tower was completed in 1883 and it was the...