Outstanding private sector mortgage balances (R1 465,5 billion and 38,2% of total privatesector credit balances of R3 839,4 billion), which include both corporate and household mortgage balances, increased at a rate of 6,7% y/y up to end-August (6,3% y/y at end- July). 

London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 30 June 2019,  despite challenging macro-economic conditions.

Abland, one of South Africa’s leading property developers for over 30 years, together with its partners on the Irene Link development, Giflo and SOM will be breaking ground on the second phase of the commercial development at the Irene Link precinct in Pretoria, in October 2019. This 8,500m² commercial building will be ready for occupation in October 2020.

2nd Quarter 2019 StatsSA employment data for the Finance, Real Estate and Business Services Sector suggests likely slowing demand for office space.

A growing trust deficit between the government and the private sector threatens to derail efforts to turn around the struggling construction sector, but government is intensifying its efforts to build meaningful relationships with the industry.

 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line with market expectation.

Sentiment is a key driver of investor confidence and the residential property market is no different in this regard.

Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping centre.

Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the centre, with the official opening of the new Pick n Pay store.

Texton Property Fund today reported a total dividend of 71.37 cents per share for its full-year ended 30 June 2019.