The huge demand for housing in South Africa in the low to moderate income level, combined with declining rates and relative political and economic stability, continues to drive investment in the affordable end of the market.

Nedbank Corporate Property Finance: Affordable Housing recently announced the funding of and its equity stake in an affordable housing development worth in excess of R 2 billion, to be built in Diepsloot, near Fourways

What began as a single building residential conversion project to create important affordable housing in central Jo’burg has been skyrocketed into an unprecedented multi-building conversion of over a dozen neighbouring properties

Wednesday, 22 October 2008 02:00

Inner city is more attractive

Dozens of buildings in Johannesburg have had much-needed refurbishment, to the tune of millions of rand, in an inner-city renewal drive.

Wednesday, 03 September 2008 02:00

Shoshanguv Housing project funded by Nedbank

Nedbank Corporate Property Finance: Affordable Housing has approved a loan facility to a subsidiary within the Safrich Group of Companies to install services and infrastructure for the top structure construction of 775 homes in Soshanguve

“DEMAND for industrial-zoned properties is fuelled by developers and investors who are competing to satisfy growing tenant demand,” says William Amerseder of Alliance Group.

Tuesday, 04 March 2008 02:00

RBA shows strong results

RBA Holdings Limited (RBA) recently announced their maiden Annual Results, for the year period ending 31 December 2007, since listing on AltX in September 2007

RBA Holdings, suppliers of quality affordable housing, is on track to list on the Alternative Exchange (AltX) of the JSE Limited by way of private placing and offer for sale on 20 September 2007

Sales to foreign investors of free market properties can influence top end property prices, but have no effect on the affordable end of the market

Wednesday, 04 July 2007 02:00

Banking Associations' lending on track

Eighteen months ago few industry commentators believed that South Africa's banks would be able to deliver on their R42bn affordable housing promise by end-2008

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