The Residential Mortgage Market is weak in terms of transaction growth, but solid in terms of debt repayment performance under weak economic circumstances.  

Ask any investor what tops their priority list for a sound commercial property investment and apart from a prime location, high visibility and high calibre of building are key factors, says Norman Raad, CEO of Broll Auctions and Sales.

The ratings agencies have been circling for months with many fearing a downgrading to junk status, and South Africa’s economic growth rate has been narrowed from 0.8% in February to 0.5%.

JSE listed REIT Octodec today announced full year results in line with expectations in a challenging economic, political and operating environment.

The current residential market continues to reflect the state-of-the-nation and the economy, both in terms of price growth and the level of consumer and business confidence.

Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced a solid set of results for the six months ended 31 August 2016.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

Calgro M3, which develops affordable housing with the government, sees group revenue rise 25.7% to R720m in the interim period to August.

Listed property continues to be an attractive investment compared with other asset classes, but it is likely to achieve single digit total returns this year.

The developers behind Somerset West’s acclaimed Waterstone Village are celebrating the opening of their anticipated destination centre, a R400-million mixed-use retail and convenience development called The Sanctuary.