The City of Cape Town has identified a site in the Foreshore as an alternative remote holding area for minibus-taxi operators who have been displaced from the Station Deck facility. The site is situated on the harbour side between DF Malan and Christiaan Barnard Streets and borders on FW de Klerk...
By Rael Levitt, CEO of Inospace Industrial real estate – especially that chunk of it devoted to logistics – has been, and will continue to be, the hottest segment of the commercial property market. The dynamics driving the surge, including e-commerce and supply chain constraints that...
Vantage Capital, Africa’s largest mezzanine fund manager, has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development on the North Coast of KwaZulu-Natal. The promoter of the transaction is Collins Residential, the residential arm of a...
The StatsSA November 2021 release of residential building plans passed show a year-on-year decline in the number of unit plans passed to the tune of -13.6%. According to FNB, for the three months to November 2021, the year-on-year growth rate was still a positive +12.3%, but this too reflects a...
The market for farms in South Africa has attracted significant interest over the last few years with an increase in available properties, largely due to Government’s redistribution-of-land policies and the increase in cost of farming. However, availability of stock has been countered by an upswing...
Competition among South Africa’s major banks, for a bigger share of the home loan market, remained fierce during Q4 2021, according to stats released by ooba. The banks continued to compete through strong interest rate discounts, while simultaneously approving more bonds with lower deposit...
A four-bedroom heritage home on a 1 690m2 stand in Newlands, Cape Town, is one of 3 houses and 15 vacant erfs going under the hammer in the City of Cape Town’s first virtual and live property auction for 2022. High Street Auctions will be selling the properties at two live sale venues in Cape Town...
Merino Mall in Ermelo, Mpumalanga, is currently under construction and scheduled for completion by October 2022. Designed by award-winning MDS Architecture, a consortium of investors, including the Moolman Group and Abland, are developing the 28 000m2 fully enclosed regional mall – the only...
Mortgage approvals during the first nine months of 2021 were approximately 34% higher compared to the same period in 2019, according to Deeds Office data and FNB’s latest Residential Property Barometer, with the value of outstanding mortgage advances 7.3% higher when compared to the same period in...
South Africa’s property market mirrored the turbulence and resilience of the country’s political economy in 2021. While the pandemic continued to weigh heavily on the economy, the introduction of vaccinations and the milder Omicron third wave lifted the mood, helping to activate economic activity...
