Wednesday, 02 October 2019 16:47

Disposal of Abbotsinch Retail Park, Paisley

Hammerson plc has exchanged contracts for the sale of Abbotsinch Retail Park, Paisley to Ashby Capital for £67m. The sale price represents a net initial yield of 7.8% and is 3% below book value as at 30 June 2019.   

A fervent desire to reduce both monthly costs and traffic-congested travel times while residing in conveniently situated nodes has given rise to the ongoing success of the live-work-play lifestyle in South Africa.

Slight improvement in transaction volumes alongside mortgage advances.

Tuesday, 10 September 2019 09:18

Buying versus renting student accommodation

Many South Africans are of the mindset that it is better to purchase their own home - if they can - rather than rent, and effectively pay off someone else’s bond.

JSE listed diversified real estate investment trust Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019. 

In the first seven months of 2019 outstanding credit balances in the South African household sector (R1 687,8 billion) increased by 6,3% year-on-year (y/y), with growth slightly down from 6,5% y/y up to the end of June.

Waterfall City has established itself as the go-to business node for top financial services companies such as PSG Wealth, which has recently moved into The Ingress.

Known for the finest in convenience shopping and its chic and stylish mix of local and international brands, a decade since opening Morningside Shopping Centre remains absolutely in step with its discerning shoppers’ high expectations.

The past decade has seen South African property developers and investors forge their way up the African continent and then pull back.

Body Corporate and Home Owner Association rules MUST be carefully checked before you buy into developments - some infringe accepted human rights.

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