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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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Areas and Places

Nigeria’s real estate investment appeal growing

As South Africa’s medium-term economic growth prospects become increasingly uncertain, many local and international property investors are finding it necessary to shift their focus elsewhere while they wait for stability and a clear growth path to be restored for the country. Possibly as a...

Advice and Opinion

Property industry weighs in on SONA 2020

Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett: “The disruptions that suspended proceedings at SONA does not bode well for investor confidence in our nation. Despite this, President Cyril Ramaposha has made some encouraging promises and inspiring statements in his state of...

News

Grit on track to meet minimum full year dividend per share target

London Stock Exchange listed Grit has announced robust interim results for the financial year ending 31 December 2019. Grit actively invests and manages a diversified portfolio of assets in carefully selected countries (except for South Africa). These high-quality assets are supported by long-term...

News

R800m Midway Crossing Shopping Centre development underway

With the development of the Midway Crossing Shopping Centre underway, eThekwini Mayor Councillor Mxolisi Kuanda (and several city officials) recently visited the ‘Operation Siyahola’ site to assess the progress of the R800 million project. “Companies have received work and are on site and part of...