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Uncategorized

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...

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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

Divergence in residential building activity in the first quarter of 2018

Divergent trends were evident in levels of building activity in the South African market for new housing in the first quarter of 2018: The number of building plans approved for new housing increased by 17,1% year-on-year, or 2 245 plans, to 15 233 plans in the period January to March this year. The...

Who's Who in Property

New CEO announcement for Knight Frank

Knight Frank has announced the strategic appointment of Richard Hardie in the position of CEO to oversee their residential operations in Cape Town. South African-born Hardie was identified for his experience and ability to effect innovation and impact in an evolving and competitive African property...

Uncategorized

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...

Advice and Opinion

2018’s co-working trends and what to expect

Co-working is a new territory; currently, there isn’t an enormous amount of legacy research into it as it responds to the needs of the new, and constantly evolving, world of work. If the number of freelances, remote workers, contract workers, entrepreneurs and start-ups weren’t...

News

Spear appoints new CEO, continues to outperform with latest results

2018 Financial Year Highlights: Final dividend declared of 78.50 cents per share for the full year ended 28 February 2018. The dividend declared exceeds the revised forecast by 1.95%. TNAV per share increased by 15.40% during the period to R 11.57 per share. R 1.69 billion in asset value increase...

Research

The 2017 State of Cape Town Central City Report released

The latest edition of ‘The State of Cape Town Central City Report: 2017 – A Year in Review‘ has revealed that R23.954 billion of investment has, conservatively, been committed to the Cape Town Central City since the start of 2017. This includes developments that opened their doors...