Music
Environment
Technology
Food
Lifestyle
Fashion
Latest Stories
Appeal court ruling against high interest rates charged by body corporate
The recent ruling by the Supreme Court of Appeal where the body corporate of Gardens Lodge in Cape Town was found to have charged a “patently exorbitant” interest rate on levies that were outstanding, is a lesson to many other bodies corporate in the way members’ outstanding levy accounts should be...
Divergent trends in residential building activity in early 2019
Private sector-financed building activity in the South African market for new housing showed divergent trends in early 2019. The number of building plans approved for new housing was down by 19,8% year-on-year, or 2 160 plans, to 8 739 plans in the first two months of the year, whereas the volume...
Mauritius paves the way for the rise of the Smart City
The digital revolution has altered our lives in just two decades, impacting almost every aspect of our lives however, experts believe that we have yet to experience the most dramatic transformation. Once a futuristic concept, smart cities are already an established trend in Europe and the United...
Amdec unveils Cape Town Foreshore’s mixed-use The Yacht Club
The Amdec Group has recently unveiled its latest development, The Yacht Club. This R1.5 billion, mixed-use property includes 170 luxury residential apartments, 6 000 square meters of premium grade office space spanning two levels and, Africa’s first AC Hotel by Marriott. The group acquired the...
intu and Cale Street Investments announce 50/50 joint venture
intu Properties and Cale Street Investments LP have announced the establishment of a 50/50 joint venture for the intu Derby shopping centre. Cale Street, an investment firm backed by the Kuwait Investment Office in London, will acquire for cash the 50 per cent interest for consideration which...
Investing in home improvements may not yield your expected ROI
As a home owner looking to sell your home and wanting to realise the best value on your investment, the most useful starting point is to put yourself in the buyer’s shoes says Greg Brown, Director of Data Services at LexisNexis South Africa. “Buyers are likely to compare your property to others of...
High yields fuel investor demand for petrol stations
Petrol station sites have continued to attract investor demand as they show increasingly promising yields during a challenging economic environment. Investors are eyeing this market carefully, with strong competition for established service stations across South Africa says Simon Wilkins, Galetti...
The Public Investment Corporation increases shareholding in Texton
The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the South African REIT from 5,2% to 18.9%. The Public Investment Corporation has now become Texton’s largest shareholder. Marius Muller, CEO of Texton...
How to invest in the top-performing industrial sector
For the past few years, the industrial property sector has outperformed the office, retail and leisure property sectors and it is expected to continue to perform reasonably well into the foreseeable future. This is according to Tony Bales, industrial property expert at Epping Property who says that...