Gerhard Kotzé, MD of the RealNet estate agency group, says that while the real estate sector is currently performing very well in spite of the major contraction in the economy this year, it will be difficult to sustain this momentum without the consumer and business confidence that comes from a growing economy in which new jobs are being created.

The Minister of Finance hit the nail on the head when he said that it is not only investors who need confidence, but also the average South African, 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.

South Africans are not only buying more homes, as the interest rate holds steady at its lowest in more than 50 years, they are also buying “more home”

Equites Property Fund Limited (Equites) today announced distributable earnings for the six months to 31 August 2020 of 74.44 cents per share, consistent with the distribution of 74.43 cents per share in the prior year.

The African Property Awards is a novelty awards scheme instituted to recognize and appreciate the efforts of the real estate and construction sector.

Tuesday, 06 October 2020 22:09

What’s making the rand tick?

The rand has been surprisingly strong since early April, with a few reversals along the way. What is driving this and how long can it last?

Just one off-ramp away from Sandton’s CBD lies Greenstone – a newly developed suburb just beginning to make waves in investment circles. 

In a thought-provoking virtual seminar hosted today, over 200 industry stakeholders joined the Social Housing Regulatory Authority (SHRA) Investment Seminar to discuss the urgent solutions needed to address South Africa’s high-density social housing challenges and revitalise the country’s economy.

Returning from a nationwide catchup with their network of brokers and lending partners, Paragon Lending Solution CEO, Gary Palmer, says despite banks’ and landlords’ considerable help during lockdown, South Africa should prepare for a very bumpy few months as lenders and landlords run out of runway and eviction notices begin to pile up. 

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