Tag: property
Interest rate cut marks new era for South African property market and personal finance
According to many professionals in the property sector, the start of 2025 has indicated a strong improvement in the appetite for property ownership in...
South Africa’s resilient REITs on the rise
Despite several tumultuous years, South Africa’s Real Estate Investment Trusts (REITs) have regained their strength, rebounding to four-year highs.
Listed property companies have been some...
The time is now for Private Sector suppliers to step up to economic growth
By Deon van Zyl, chairperson of Western Cape Property Development Forum (WCPDF)
SOUTH Africa’s Reserve Bank Governor, Lesetja Kganyago, recently voiced his opinion on whether...
Collins converts to Reit, increases dividend by 50%
Collins Property Group has in the year to end February doubled its profit from continuing operations from R516.9m in 2023 to R1,21bn.
The company, which...
Increased competition and bond switching set to shake up the SA property market
As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home...
Cape Town’s luxury residential market proved resilient in 2023 despite successive interest rate hikes
ACCORDING to The Wealth Report, Knight Frank’s flagship research report – prime residential prices surprised on the upside in 2023.Â
Of the 100 markets tracked...
Investors are snapping up prime properties in the Western CapeÂ
There is a major surge in investment in buy-to-let properties across South Africa, with the Western Cape leading the pack.
"We're seeing a 15 year...
Vukile raises R1 billion in equity as it eyes growth opportunities
Vukile Property Fund will issue R1 billion of new ordinary shares, following a successful accelerated book build. The equity raised will boost Vukile’s financial...
Excellence awards for developing student accommodation
GROWTHPOINT Properties’ purpose-built student accommodation developments excelled at the recent SAPOA Property Awards in Innovative Excellence, winning two prestigious categories that recognise development distinction...
Prime property on offer in City’s last 2023 auction
Several prime properties aimed at boosting the economy are on offer as the City of Cape Town prepares to hold its last property auction...
MUST READ
Cummins secures contract to maintain Transnet’s aging tugboat fleet
By Larry Claasen
CUMMINS’ seven-year contract to maintain Transnet’s tugboats not only cements its decades-long relationship with the transport authority but also positions the company...