Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.

The South African Reserve Bank (SARB) is set to hold the repo rate at the 18-20 May meeting, according to a unanimous vote by 21 economists on Finder’s repo rate forecast report.  

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.

The outgoing Mayor of Johannesburg, Mr Herman Mashaba was among a line-up of expert speakers in the property, urban planning and government sectors, assembled to tackle the question of how to unearth inner city potential - making investment more accessible and profitable.

In line with its stated intention of strengthening governance, broadening diversity and improving board independence, JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has appointed Sipho Pityana as its independent non-executive chairperson. The appointment is effective from 3 May 2019.

The National Home Builders Registration Council has appointed three new executives to strengthen its capacity – this includes Chief Operations Officer, Mr Otsile Maseng; Chief Financial Officer, Mr Songezo Booi and Chief Risk Officer, Ms Simphiwe Sitwayi.

Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

Young environmental game-changes from the University of Cape Town (UCT) took first place in the Greenovate Awards for the third year running.

If private- and public-sector land investment in our cities concentrates on keeping the haves away from the have-nots, urban sprawl will be encouraged, Professor Edgar Pieterse, told Green Building Convention 2017 delegates at Century City in Cape Town last week.

Young environmental visionaries from the University of Cape Town took first place in the Growthpoint Greenovate Awards for the second year running.

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