With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision today (20 September 2018) not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.

Africrest Properties intends to be one of the top 10 largest residential middle-income landlords in Gauteng within the next 5 years.

Properties in security estates have become increasingly sought-after in recent years, providing a sense of safety and tranquillity that can be difficult to find in freehold neighbourhoods.

JSE-listed self storage company Stor-Age opened a new store in the affluent residential area of Bryanston this week. The company’s trading portfolio has increased to over 50 stores in South Africa.

The 4^th South African Women in Property Awards (SAWIPA) hosted their Gauteng Regional Awards at the Sanlam Art Gallery on the 22^nd August 2018, where members of the Women’s Property Network (WPN) and women in the property industry were in attendance.

The company hosted a site walkabout to showcase this majestic development meant to transform the lives of the people of Mamelodi.