Cashbuild is reaping the rewards of staying away from risky credit offerings and selling to lower-income South Africans who are unaffected by rising interest rates
The South African listed property sector, which recently surpassed the R100bn market capitalisation threshold for the first time, could again double in size over the next two years as the much talked about foreign investment flow into local real estate stocks starts to materialise
Although property buying and development in SA remains the first choice for expansion-hungry listed property companies, there could also be opportunities in the rest of Africa — albeit with higher risk.
CBS Property Portfolio, which is enjoying a growth phase after listing on the JSE last November, has appointed well-known property player Richard Harman as an executive director.
Marna van der Walt, CEO of Gensec Property Services in Johannesburg, was announced as the winner of the Women’s Property Network (WPN) Five Star Woman Award, sponsored by Nedbank Corporate Property Finance, at the WPN Charity Ball held last night in Sandton, Johannesburg.
Two mega residential projects in the Western Cape, The Island Club at Century City and Royal Ascot in Milnerton, have been short listed for the prestigious South African Property Owners (SAPOA) Awards for Innovative Excellence in Property Development.
Acucap Properties has unveiled a BEE transaction that will see BEE group Thesele becoming a 10% linked unit holder of Acucap for 168.9 million rand
Judges expect record entry as deadline looms
The commercial and industrial property market in SA is taking an increasingly focused view of the different types of risk that pertain to investment in different property sectors and nodes, says Russell Inggs, head of Nedbank Property Finance.

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