SAPOA launches South Africa’s First-Ever Municipal Performance Awards to spotlight the Local Governments that get it right in the property sector.
Growthpoint’s Canopy by Hilton Cape Town Longkloof development named overall winner at prestigious property awards.
Despite fluctuations in bond yields, capitalisation rates have shown resilience, maintaining relative stability over recent years, according to the South African Property Owners Association (SAPOA) highly anticipated 2023 Valuations Report.
The City is aware that during these difficult times, property owners are finding it difficult to pay their municipal rates and services in full, as their monthly income has been impacted due to the announcement of a national lockdown and we recognise the massive impact this will have on our already fragile economy.
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the six months ended 31 August 2019 reflecting continued headwinds facing the macro-economy and the commercial office sector.
Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.
A group of construction industry stakeholders has urged the industry to return to basics in order to overcome its current challenges successfully.

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