The Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu has issued a clarion call to potential investors including the banking institutions to assist government’s efforts in meeting the demand for social housing units by investing into social housing projects. Sisulu says the investment opportunities are spread across the country’s metros.
During the online virtual Grand Finale of the International Property Awards which took place last Friday.
Real estate has long been a rewarding sector of the financial markets. Like all sectors, share prices and the underlying fundamentals of commercial property assets weakened in early 2020, as South Africa and the rest of the world came to grips with managing through the pandemic, with some sectors suffering more than others.
Gerhard Kotzé, MD of the RealNet estate agency group, says that while the real estate sector is currently performing very well in spite of the major contraction in the economy this year.
The Minister of Finance hit the nail on the head when he said that it is not only investors who need confidence, but also the average South African, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
MAREF (Momentum Africa Real Estate Fund) received an API Award for Landlord of the Year, from the API (African Property Investments) Summit Virtual.
As the world begins to show signs of a return to normalcy, sustainability has become the rallying point for business strategy, commonly referred to as the ‘green recovery’.
Just one off-ramp away from Sandton’s CBD lies Greenstone – a newly developed suburb just beginning to make waves in investment circles.
Minister of Human Settlements, Water & Sanitation, the Honourable Lindiwe Sisulu will address the Social Housing Regulatory Authority (SHRA) Investment Seminar taking place virtually this coming Wednesday, 30 September 2020 highlighting the strategic role of social housing in the Human Settlements portfolio.
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