Today’s October CPI (Consumer Price Index) showed a slight acceleration in its year-on-year inflation rate, from 4.9% in the previous month to 5.1%.

Whether it be a commercial or residential property sale, every owner begins the anxious countdown to the months it takes to transfer the property to the new buyer and subsequently receive payment of their proceeds.

Tuesday, 02 October 2018 09:23

In property, we trust

Financially speaking, the notion of a trust tends to have connotations to wealth and independence (trust fund children?!) but when it comes to property and trusts, it is useful to know your trust benefits from your tax law in order to determine if this is a viable route for protecting your asset and optimising your money.

Africrest Properties intends to be one of the top 10 largest residential middle-income landlords in Gauteng within the next 5 years.

In the real estate industry, the right location is key, which is why Deloitte Africa chose Waterfall City as the ideal location for its new Africa head office.

Brackenfell, thought by many property trend watchers to be the precinct that now offers the best value for money and the best capital growth prospects.

Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

Globally, people are prepared to pay a premium for properties in suburbs that have good schools, says Gareth Bailey, Pam Golding Properties area principal for Durban Coastal.

Shareholders are advised that MAS, through a wholly-owned subsidiary, MAS (IOM) Holdings Limited, has concluded a sale and purchase agreement (“SPA”) to acquire from New Uberior House Holding Limited.

By now the whole of South Africa is aware of the increase in the VAT-rate to 15%, announced during the 2018 Budget Speech.

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