Yael Geffen, CEO of Lew Geffen Sotheby’s International Realty, welcomed the government backtracking in this budget speech on its earlier decision to increase personal income tax, as well as providing a further R2.2 billion in tax relief through raising personal income tax brackets and rebates by 5%.

JSE-listed Real Estate Investment Trust and 50% owner of Fourways Mall, Accelerate Property Fund is pleased to announce the appointment of Mr Derick van der Merwe as an independent non-executive director to the board of the Company with effect from 1 February 2021.

Deeds Office reopening good news for sellers and buyers of property, as well as the property industry.

With the first quarter of 2020 (Q1 20) ending only five days into the Covid-19 national lockdown, the statistics and trends analysis released by ooba home loans, South Africa’s foremost home loan comparison service, depicted an ideal environment for homebuyers.  

“In an unexpected but welcome announcement, the Monetary Policy Committee today (14 April 2020) announced a further 100bps cut in the repo rate, reducing it to just 4.25%.

Registration is now open for SA’s incisive one-day REIT event that brings together hard-hitting global and local influencers from the listed property sector.

There is a direct link between the stability of an economy and ongoing development – and currently the local construction and property industries are undeniably experiencing a lull due to reduced expenditure by government on large scale infrastructure projects as well as uncertainty in the private sector investment markets.

The Royal Institution of Chartered Surveyors (RICS) is collaborating with a coalition of over 70 international organisations to develop a new fire safety global standard.

Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.

Investec Australia Property Fund (IAP or the Fund) is pleased to announce that Georgina Lynch has been appointed as an independent non-executive director of Investec Property Limited, the responsible entity of the Fund. Georgina’s appointment is effective from 1 July 2019.

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