Emira Property Fund (JSE: EMI) has received written notice from its major shareholder, the I Group, that the I Group and its concert parties have raised their stakes in the REIT and now hold 35.003% of its voting rights.

First quarter oobarometer statistics released by ooba, South Africa’s foremost home loan comparison service, show continued robust growth in the residential property sector despite a year dominated by the Covid-19 pandemic and the ensuing economic fallout.   

Make buying your dream home an informed purchase by knowing your credit score.

JSE listed REIT Octodec Investments Limited, today reported its results for the six months ended 28 February 2021, against a weak economic environment exacerbated by the COVID-19 pandemic and country lockdown.

The TUHF Western Cape regional team believes that even though COVID has had an impact on the property market, there are still significant opportunities for savvy investors looking to enter the affordable residential sector as new areas for development become available.

Thursday, 15 April 2021 22:10

Somerset West property update

Somerset West’s property market is renowned for its resilience, but the last few years have delivered some unprecedented challenges.

After the five aggressive repo rate cuts last year that dropped the prime lending rate to a historic low of 7%, homeowners and aspirant buyers have been holding their breath, waiting for the pendulum to swing the other way in 2021.

With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The Social Housing Regulatory Authority (SHRA) reveals that it is ready to roll-out the much-anticipated Residential Rent Relief Programme that will significantly assist social housing tenants, impacted financially by the COVID-19 pandemic, meet their rental obligations.

Capital, the Geneva based property investment, development and asset management-business, and Neworld, a European-domiciled property development company, have today launched Reward Properties, a new joint venture which will offer investors unique opportunities to buy into the attractive high end residential Portuguese real estate market.

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