Capital, the Geneva based property investment, development and asset management-business, and Neworld, a European-domiciled property development company, have today launched Reward Properties, a new joint venture which will offer investors unique opportunities to buy into the attractive high end residential Portuguese real estate market.

Over the past three years, the KwaZulu Natal (KZN) property market has enjoyed unparalleled growth, outperforming other provinces as an investment destination. And yet, it is still considered one of the best kept secrets in the country!

Wednesday, 10 March 2021 18:30

Young investors give property the thumbs up

The future of South Africa’s housing market is looking bright, as aspirant buyers between the ages of 18 and 24 are the most optimistic about the merits of investing in property.

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the six months to December 2020 that portrayed strong improvements in property fundamentals and a pleasing 7.2% increase in distribution against the most recent six months to 30 June 2020, which were at the height of the COVID-19 lockdown.

Cape-based Flyt Property Investment has made available a further R50million to investors wanting to make the most of the Section 12J tax incentive before the upcoming tax year end (28 February).

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.

Page 2 of 32

Please publish modules in offcanvas position.