Balwin Properties, the JSE’s only national large-scale developer of turnkey sectional-title apartments and surrounding infrastructure aimed at the mid- to upper market segment, today reported strong financial growth for the interim financial period ending 31 August 2018.

Hammerson plc (“Hammerson”) has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store.

Data published by Statistics South Africa with regard to private sector-financed residential building activity (see explanatory note) showed that the planning phase of new housing improved in the first seven months of 2018, whereas the construction phase contracted.

Wednesday, 12 September 2018 13:10

South African millennials are buying homes

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.

Sandton is seen as South Africa’s most important business and financial hub.

The upswing in consumer confidence in the first three months of 2018 was a welcome change from the depressed environment which overshadowed the last quarter of 2018.

Tuesday, 17 July 2018 08:39

Chance to own Durban’s dream hotel

A HOTEL that for decades has been a home-away-from home for thousands of Gautengers fleeing to the warm beaches of Durban will come under the Reliance Auctions hammer.

As our roads seem to get busier every year, people are seeking ways of reducing their commute times to improve their quality of life.

In the 4th Quarter 2017 FNB Estate Agent Survey, the secondary home demand percentage was mildly lower than in the prior quarter, representing the 3rd successive quarter of decline.

Vukile increases its strategic stake in Synergy, and will offer to acquire Synergy's full capital in issue 

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