Towards the end of 2010, Bill Rawson, Chairman of Rawson Properties, said in an off-the-cuff comment that he could think of no better place for a South African with limited knowledge of world markets to invest in property right now than in South Africa itself

Pangbourne Properties announced a 5.47% rise in distribution to 74.04 cents per linked unit for the six months ended December from the previous corresponding period.

Foreign residential property buying in the Western Cape region declined in significance throughout 2010, according to the fourth-quarter 2010 FNB Estate Agent Survey.

Thursday, 10 February 2011 02:00

Business property up for auction

A solid investment opportunity will be presented to buyers at Aucor’s next multiproperty auction, which will see, among others, a highly profitable poultry farm and residence knocked down to the highest bidder

Thursday, 10 February 2011 02:00

Resilient costs rise more than rents

Resilient Property Income Fund posted a 9,12% increase in distributions to 211,83c per linked unit for the year to December.

Wednesday, 02 February 2011 02:00

Are trust accounts required?

The real estate sector is debating whether estate agencies should be allowed to operate a trust account on behalf of clients

Tuesday, 25 January 2011 02:00

Fountainhead buys Access Park for R418.5m

 

Fountainhead Property Trust announced on Tuesday that it had concluded an agreement to acquire Access Park properties for R418.5 million.

Monday, 24 January 2011 02:00

Estate agents regret Machanik’s downfall

Property players yesterday expressed sadness at the downfall of property doyenne Wendy Machanik, but welcomed a widespread investigation into malpractice in the industry by the Estate Agency Affairs Board.

Some 60% of property sale transactions are delayed at some point in the process and this can cause serious problems, especially where alternative accommodation or a move to another area are involved

Wednesday, 19 January 2011 02:00

Bond application rejections illogical

Ongoing protests from leading figures in property marketing throughout South Africa about the difficulties of obtaining bond finance from the financial institutions are still, it seems, falling on deaf ears

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