After last month's bleak budget speech by Finance Minister Tito Mboweni, South Africans are settling in for a long and uncertain road to economic recovery. While the inevitable increase in pressure on consumers’ pockets will unavoidably filter down into the property market, experts remain cautiously optimistic about property’s performance.

Cape-based Flyt Property Investment has announced the official launch of Quivertree, a trendy new property offering in the university town of Stellenbosch, featuring 102 self-catering, fully-furnished apartments for long- and short-term rentals or for purchase, geared not only for the student market also but for young professionals, transient  workers and business travellers.

Thursday, 19 November 2020 06:25

Emira is powering business the sustainable way

Mitigating environmental and economic risks for itself and its tenants’ businesses, Emira Property Fund is continuing its programme of investment into clean energy from renewable resources to create long-term growth and drive economic recovery.

Berry Everitt, CEO of the Chas Everitt International property group, says the most positive news to emerge from the Medium-Term Budget Policy Statement delivered by Finance Minister Tito Mboweni today is that the economy is expected to “rebound” in the final quarter of 2020, and return to positive growth next year of 3,3%, following an expected decline of 7,8% this year.

Competing against real estate companies from around the country, this is the 14th year that Pam Golding Properties has received the prestigious 5-Star award for ‘Best Real Estate Agency in South Africa’ (over 20 offices) in the world-renowned International Property Awards.

JSE listed REIT Octodec Investments Limited, today announced its annual results for the year to 31 August 2020, against a weakening economic environment exacerbated by the COVID-19 pandemic and subsequent lockdown.

In this last quarter concluding in December 2020, the residential property market continues to gain momentum, and in some areas appears to be substantially busier - even when compared to peaks in previous years, says Richard Day, CEO of fixed-fee agency, Eazi Real Estate.

The Covid-19 pandemic and lockdown has been a catalyst for highlighting the different characteristics – as well as the commonalities of preference – among various generations of home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.

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