Redefine Properties, which turned 21 as a listed company this year, is well placed to benefit from logistics growth in Poland after hard lockdown restrictions locally and dividends withheld by offshore investments significantly dampened results for the year ended 31 August 2020.
The residential property market in the Eastern Cape has remained surprisingly resilient during the unprecedented times the economy currently faces, says Pam Golding Properties.
Bloemfontein is experiencing a surge in residential property transactions concluded by young home buyers, particularly first-time buyers, who are snapping up homes mainly in the price band below R1million, says Ulrich Sirgel, area principal for Pam Golding Properties.
While the overall risk environment has heightened since last year, a strategic focus on balance sheet management and a relentless pursuit on delivering sustained value is providing Redefine with a buffer against the economic challenges.
As anticipated, President Cyril Ramaphosa spoke to the urgency for economic growth and the need for a serious and sustainable increase in the employment rate in his State of the Nation address last night.
On any given morning, especially during the academic year, it’s near impossible to find a parking space in Stellenbosch.
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.
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