The argument has often been made that the reason the SA listed property sector has delivered good returns over time, apart from a declining yield environment, is primarily due to its predictable and growing income stream.
The property and broader built environment sector has an important role to play in Africa’s growth, but it needs to be taken more seriously and prioritised.
I think the industry is in a very healthy state. Looking ahead, I think we’re going to see more global companies coming in.
As land reform takes centre stage ahead of municipal elections this year, the South African Property Owners Association (SAPOA) has called for professionals in the property sector to arm themselves with the right skills to navigate this exciting but often controversial terrain.
Consolidation in the listed property sector is being stalled by volatile markets, with investors reluctant to sell their stock at existing prices.
Attacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as Head of Development, effective from 1 January 2016.
Difficult economic conditions that continue to take their toll on the property sector are also posing risks to businesses that are tenants in their own premises, commonly referred to as commercial owner-occupiers.
The commercial property industry is hugely concerned with Eskom's proposed 16% electricity tariff increase which it believes will have a negative effect on the industry.
The weeks-long relentless heat wave hitting South Africa provides a direct contrast to what is happening to the rand: a tsunami.
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