South African Property Owners Association (SAPOA)

REITs dispensation to Unlisted Property funds welcomed

The announcement by Finance Minister Nhlanhla Nene in his budget speech on Wednesday that unlisted property companies should qualify for the same tax treatment as listed REITs (Real Estate Investment Trusts), has been welcomed by South Africa’s commercial real estate sector. ... Full story

SA Property Owners upset with ban of Foreign Land Ownership in SA

Last week's announcement by President Jacob Zuma during his State of the Nation Address (SONA), regarding proposal to restrict foreign nationals from owning land, has disappointed the South African Property Owners Association (SAPOA). ... Full story

Property Owners urged to work with Eskom amidst SA’s power crisis

The power crisis sparked concern among South African Property Owners over Eskom's capacity to provide electricity needs for the country. ... Full story

Long way to go with Transformation for Property Sector

The transformation of listed property has slowed over the past few years and improvements are needed. There are only a few black professionals heading funds and not enough black people working in the sector. ... Full story

SAPOA joins the chorus against Exclusive Retail Leasing

The South African Property Owners’ Association (SAPOA) has added its voice to the growing chorus of abandoning mall exclusivity clauses in retail leases — asking the Competition Commission to intervene. ... Full story

SA Property Owners commend DPW for probing irregular expenditure

The South African Property Owners Association (SAPOA) has welcomed the announcement by Public Works Minister, Thulas Nxesi, that there will be a thorough investigation into irregular expenditure by the Department of Public Works (DPW). ... Full story

Call on Minister to invoke his discretionary powers to expedite spatial planning

Commercial property owners are appealing to the Minister of Rural Development and Land Affairs, Gugile Nkwinti, to invoke his discretionary powers to expedite Spatial Planning and Land Use Management Act, 2013 (SPLUMA) to prevent damaging logjams in the property development sector. ... Full story

Zuma signs Municipal Property Rates Amendment Act

South Africa's President Jacob Zuma has signed into law the Local Government Municipal Property Rates Amendment Act, the Presidency said on Sunday. ... Full story

SA Property Owners seek deeper Government engagement on land reform

Stakeholders in the Commercial Real Estate industry represented by the South African Property Owners’ Association (SAPOA) are seeking for constructive engagement with the National Department of Rural Development on land reform. ... Full story

Property Industry speaks up on closure of foreign land ownership bill

The South African government has announced plans to introduce a contentious bill barring foreigners from buying land — a move that may spook foreign investors in the country. ... Full story

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