"Headline CPI (for all urban areas) annual inflation rate in September 2012 was 5.5%. This rate was 0.5% higher than the corresponding annual rate of 5% in August 2012," said Stats SA.
For the six months ended 29 February 2012 and on a comparable recurring income basis, a total distribution growth of 6.6% on the prior period occurred
Catalyst Fund Managers’ recent report on the listed property sector provides for some interesting perspectives, including how a particular growth strategy through potential hostile take-over bid, could shape up
Listed property was a beneficiary of August’s more benign interest rate expectations, with a 2.8% total return
Controversial property syndication company Sharemax and its related companies have had statutory managers appointed by the Reserve Bank.
Reserve Bank has granted approval for Redefine Properties to hold its interest in UK-based Ciref directly through a wholly owned South African subsidiary.
The property market will have to get by without the stimulus of a series of rate cuts, as it is unlikely to enjoy much interest rate relief during 2010.
Alliance Group has hosted its monthly auction at Cape Town’s One&Only resort, offering a plush location for properties warranting five-star treatment.
Claremart Auction Group will soon sell the building that houses one of Cape Town’s most frequented seaside restaurants.
Commenting on the decision by the Monetary Policy Committee to reduce the repo rate by one percent, Dr Andrew Golding said while this was most welcome news, a two percent decrease would have sent a meaningful message to the economy.

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