A fervent desire to reduce both monthly costs and traffic-congested travel times while residing in conveniently situated nodes has given rise to the ongoing success of the live-work-play lifestyle in South Africa.

FNB has unveiled the first phase of its BankCity revitalization project to continue its commitment and investment in the Johannesburg inner-city.

Today Attacq Ltd  the JSE listed REIT developing Waterfall City, and Waterfall Logistics Hub announced, in partnership with acclaimed property developer, Tricolt, the breaking of ground at Ellipse Waterfall, the first high rise development within Waterfall City.

The surge in first-time buyers entering Cape Town’s property market – a notable 3.3 times more than this time last year – augurs well for a gradual house price recovery in the next few months, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

Today’s repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market augur well for the balance of the year and underscore the opportunity for home buyers to capitalise on the current favourable market conditions before the market enters a decisive upturn.

Property development experts, McCormick Property Development (MPD) have completed the much anticipated bridge on Jakalasi Street in Olievenhoutbosch, Gauteng.

Fortress REIT Limited, the JSE-listed property group, kicked off its Vredenburg Food Security and Environmental Sustainability initiative at the Masiphathisane School in the Western Cape on 13 June.

South Africa’s Coolest Mall will be welcoming bookselling chain, Exclusive Books and premium kitchenware retailer Yuppiechef on the 28th June.

Wednesday, 26 June 2019 14:48

56% of home buyers are single, says FNB

FNB Home Finance has revealed that the number of single applicants who bought residential property through the Bank increased from 48% to 56% between 2016 and 2018.

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