New Concor head urges quicker pace to construction recovery
Concor’s new group CEO Lucas Tseki is confident South Africa’s construction sector is turning the corner, provided there is no further delay in the adjudication and awarding of large infrastructure contracts by government agencies.
2020 Commercial Property Themes –Electricity supply and cost will be a key wildcard for the Commercial Property Sector this year
Will electricity supply reliability and cost increases become a key issue again in 2020?
2020 Commercial Property Outlook – It doesn’t get easier… as we wait for positive “structural economic reforms”
Sub-1% economic growth insufficient to curb vacancy rate rise and unlikely to prop up real property values at recent levels'.
2020’s favourable buying and lending conditions will encourage first-time buyers
Fourth quarter (Q4 19) statistics released by ooba, South Africa’s leading home loan comparison service, show minimal growth of 1.8% in the Average House Price year-on-year from Q4 18 to Q4 19. The Average Purchase Price of First-time Buyers performed marginally better, up 2.5% for the same period.
Retail Property challenges are partly about technological advances
Retail Property challenges are partly about technological advances. But they’re also very much about old fashioned fundamentals…including a big affordability challenge
Election results set to boost commercial property prices, lower yields and improve investor confidence
John Jack, CEO of Galetti Corporate Real Estate: "Election results set to boost commercial property prices and lower yields."
Redefine sustains value creation despite tough local economic conditions raising the interim distribution 4% to 49.2 cents a share
Redefine Properties (JSE: RDF), which has increased its distribution for the six months ended 28 February 2019 by 4.0% to 49.2 cents, continues to build a solid platform for sustained growth and value creation despite ongoing economic and political uncertainty.
Make the most of static rates and buy property before Election
The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged at 6,75% and prime interest rate the same at 10,25%.
The property impact of ongoing real electricity tariff inflation
Last week’s NERSA decided to allow a further above-inflation tariff hike.
How Eskom price increase will negatively impact the commercial property sector
John Jack, CEO of Galetti Corporate Real Estate.
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