Investing
Property Market wades through hard times amid uncertainty on land reform
The South African property sector has started to experience tougher conditions especially weaker economic growth and uncertainty on land reform. ... Full story
UK PM supports S.Africa’s land reform
British Prime Minister Theresa May says the United Kingdom has for some time supported land reform in South Africa - as it is a process carried out in a legal, transparent and democratic manner.
Offshore Companies take the lead in SA’s Listed Property
The South African Listed Property sector is wading off many challenges including a weak economy, a volatile rand and tenant struggles. Much of the sector is now offshore which is providing support to investors returns.
Property pinch ‘to push consolidation’
Executives in the property sector have had a wild ride over the past year as South Africa’s economic woes continue to hit hard.
Overseas Property gets attention from South African Investors
There has been a change in the thinking of the South African property investor community towards offshore diversification in recent years.
Bitcoin outdoes Property but its future is unknown
Digital currencies like Bitcoin, are getting a lot of attention as a new asset class, but property remains solid for investment because of its defensive nature.
Offshore Property offers top Value
The number of Real Estate companies promoting offshore property as a low-risk rand hedge investment has grown in recent months, reports SA Commercial Prop News.
More effort needed to Transform SA’s real estate sector
The CEO of the Property Sector Charter Council, (PSCC), Portia Tau-Sekati, says SA’s real estate sector has shown a strong commitment to transformation, but work needs to be done to convince black talent to pursue careers in property.
Listed Property wades through hard times
It’s getting harder for listed property companies to repeat their former successes in the current South African landscape, according to Ortneil Kutama, SA Commercial Prop News Media Director.
Real Estate Investments in South Africa increased by R28 billion
Investment volumes in South Africa’s real estate saw a 55,2% increase in 2016, despite economic challenges, weak currency and political uncertainty.
SA Listed Property Growth Has Taken a Dive
There was very little in the way of positive news for South Africa’s listed property investors as the sector is down 1% in the year-to-date due to a number of reasons.
Industrial Sector the top performer in SA Property Market
INDUSTRIAL remains the top-performing property sector in South Africa, with a total return of 13.6% delivered in 2016, the latest IPD SA Annual Property Index shows.
Good news for Buyers, not necessarily Owners
Minister Pravin Gordhan had a difficult budget speech to deliver as the economy struggles through its largest under performance since the 2009 recession, with the added challenge of a R30.4bn tax shortfall.
Some relief for first time property buyers in National Budget
The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time buyers.
Budget 2017: Property under R900 000 will not attract Transfer Duty Tax
Tabling the South African National Budget Speech 2017 on Wednesday, Finance minister Pravin Gordhan revealed that properties under R900 000 (previously R750 000) wll not attract transfer duty tax.
