When it comes to property, the adage goes, “Position. Position. Position.” That’s why Broll Property Group is proud to take its position as Platinum Sponsor of the Africa Property Investment Summit & Expo 2018 (API 2018).It will be held in Sandton, Johannesburg, on the 20th and 21st of September.

Durban-based industrial property development giant, Shree Property Holdings, has made a bold R220 million entry into the South African commercial market, launching an upmarket, ultra-modern '4-star green-rated' office complex in the heart of the desirable Ridgeside Precinct on Umhlanga Ridge, and is poised to take KwaZulu-Natal's commercial property development to a new level.

Tuesday, 03 July 2018 19:20

Household credit and mortgage balances

Growth in the value of outstanding credit balances in the South African household sector (R1 574,0 billion) was relatively stable at 4,2% year-on-year (y/y) up to the end of May 2018 compared with 4,1% y/y at end-April as a result of little change in both secured and unsecured credit balances growth.

Abland and Tiber, joint developers on the Sandton Gate precinct, have announced that they have broken ground on Phase 1 of the development with the bulk earthworks.

The decision by Investec Australia Property Fund (the “Fund” or “IAPF”) to focus on acquiring assets that require a more hands-on management approach is starting to deliver results.

CHICAGO, February 7, 2018 — Jones Lang LaSalle Incorporated today reported operating performance for the full year and fourth quarter of 2017.

Thursday, 26 October 2017 14:13

Buying a tenanted property

What happens if you find your ideal home, but the current owner has leased the property?

Africrest Properties concluded a lease with Ignite (a division of Internet Solutions which is a division of Dimension Data) and Synaq to rent an entire building located at 3 Eglin Crescent, Sunninghill, both tenants have now moved into their remarkable building. 

A government expenditure review has found that government could save 20% on its current property leases over the next three years.

While a written lease is not a legal requirement when renting residential property in South Africa, it is recommended that everything be committed to writing.

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