Department of public works spends over R3bn a year leasing office space in privately owned buildings on behalf of national government departments.

SA Property Owners' Association (SAPOA) sounds warning that a new directive limiting lease terms for the National Department of Public Works (DPW) will have unintended and negative consequences.

Monday, 03 March 2014 11:55

Government attacks property industry

The South African Property Owners Association has expressed its dismay at comments made by Finance Minister Pravin Gordhan about the commercial property sector during his budget speech last Wednesday.

The South African Property Owners' Association (SAPOA) is pushing ahead with a pivotal initiative to lay bare the current property tax regime in South Africa, with the appointment of Business Enterprise at the University of Pretoria in partnership with specialist consultants Rates Watch (Pty) Ltd.

Emira Property Fund today reported distribution growth to investors of 6.5% for its six-month period to 31 December 2013.

The South African Property Owners Association (SAPOA) has expressed its support for the Department of Public Works' decision to seize misappropriated state properties.

Ever since alert to escalating municipal costs throughout South Africa, the SA Property Owners Association (SAPOA) has appointed specialist consultant Rates Watch (Pty) Ltd to research municipal budgets for the coming year.

The South African Property Owners' Association (SAPOA) and the South African Cities Network (SACN) have signed a ground-breaking Memorandum of Understanding (MOU) to collaborate on issues of urban development and the promotion of good governance and city management.

Efficient towns and cities with competitive rates and taxes stand to benefit from more commercial property investment and development in 2014, according to the South African Property Owners Association (SAPOA).

Increasing its exposure to industrial property in the Western Cape, Growthpoint Properties has acquired one of the largest and last remaining unutilised properties in Bellville, Cape Town.

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