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| MARKET TRENDS |
Growth in factories points to recovery - Business Day, 12
September 2013
Manufacturing grew by a more than expected 5.4% in July
compared with the same month last year, its strongest rise since April, pointing
to a recovery trend in the economy’s second biggest industry, according to local
producers.
Zuma points to world economy for jobs failure – Business Day,
12 September 2013
President Jacob Zuma on Wednesday conceded that the
slow global recovery from the financial crisis would mean that the target of
creating 5-million jobs by 2020 would not be met. However, he said, the target
had been revised in the National Development Plan to 11-million jobs by 2030.
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| GENERAL PROPERTY
NEWS |
The Maslow in Sandton gets 4 Stars - Property24, 12 September
2013
Located at the corner of Grayston Drive and Rivonia Roads in
Sandton, Johannesburg, The Maslow was awarded the 4 Star grading by the Tourism
Grading Council of South Africa.
More than $63m for affordable housing - Property24, 12
September 2013
IFC, a member of the World Bank Group, and the National
Housing Finance Corporation (NHFC) have invested more than $63 million in the
second fund of global private equity investor International Housing Solutions
(IHS) Fund II.
Drive to link Mbombela, White River - Property24, 11 September
2013
The Mpumalanga government is on a drive to link the capital city to
the nearby town of White River. Finance MEC, Madala Masuku said his department
and that of Human Settlements will sign a memorandum of understanding with
property developer HL Hall & Sons Properties to make the initiative a
reality.
South Africa's land reform challenges - Property24, 06
September 2013
Land reform in South Africa needs to be addressed, but it
shouldn’t come at the cost of food security or by breaking up economically
efficient enterprises. |
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| RESIDENTIAL
PROPERTY NEWS |
Making an offer to purchase... - Iafrica.com, 12 September
2013
Once a buyer has found the home that they want to purchase, they
need to take the next step - filling out the paperwork and making an offer to
purchase.
How property in mining areas is being affected by strikes -
Moneyweb, 12 September 2013
Industry professionals say the impact of
strikes and closures on the property industry in mining areas are both long and
short term.
Renting: You and your landlord – Iafrica.com, 11 September
2013
Anyone involved in letting or renting residential property will
attest to the fact that dealing with a difficult landlord or an unhappy tenant
is a recipe for a bad day at the very least.
House price growth and where to buy - Property24, 10 September
2013
According to the Absa House Price Index, house price growth
continued to slow down in August 2013, based on nominal year-on-year (y/y)
growth the average value of homes in the middle segment of the South African
housing market.
CGT and your property - Iafrica.com, 09 September 2013
While Capital Gains Tax (CGT) won't pertain to every property transaction,
it is vital that those looking to sell their property understand the
implications that it may have on their property sale transactions, says Adrian
Goslett, CEO of RE/MAX of Southern Africa.
Residential buy to let benefits as rentals surge - eProp, 07
September 2013
The rentals market surges ahead in major centres,
particularly Johannesburg and Cape Town. Dexter Leite, PGP rentals manager for
the Cape Metro region, reports unflagging appetite for rental homes in all areas
of Cape Town and across all price ranges.
FNB house price index up 6.4% y/y in August - eProp, 05
September 2013
FNB house price index shows a slight acceleration in its
year-on-year growth rate‚ to 6.4% in August from 6.3% in July.
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| COMMERCIAL
PROPERTY NEWS |
Consumer buying patterns reveal changing trends in retail
sector - eProp, 12 September 2013
Some interesting trends have
emerged in South Africa’s retail sector, reports Johan Engelbrecht, director,
retail properties for JHI Properties, which currently manages approximately 2.7
million square metres of retail space in Southern Africa, comprising some 240
shopping centres.
West Coast property development gets a boost - Moneyweb, 11
September 2013
Imminent approval by government of the Industrial
Development Zone (IDZ) at Saldanha Bay is resulting in increased development
activity across different segments of the property sector along the Cape West
Coast Corridor.
Cape Town office rentals & vacancies - Property24, 11
September 2013
The Cape Town office property market is showing
constricted demand for new and sizeable office space with noticeable minimal
activity in the first half of 2013 driven by small enquiries where occupiers
continue to look for value.
Capricorn Park the epicentre for commercial and industrial
property in the Southern Suburbs - eProp, 10 September 2013
Capricorn Park has become the epicentre for commercial and industrial
property in the Southern Suburbs, with leading businesses choosing to base
operations and headquarters there.
SA retail innovators in the spotlight at Shopping Centre
Congress - eProp, 09 September 2013
While speakers from around the
world will share insight into global retail innovation at the 17th annual
Congress of the South African Council of Shopping Centres (SACSC) this week,
some of the most inspiring retail success stories will come from right here in
South Africa.
Bidvest Bank raises ceiling on commercial property loans -
eProp, 07 September 2013
Bidvest Bank announced that it has raised its
ceiling on commercial property loans from R50 million to R200 million.
JHI Properties Namibia reports few retail and office vacancies
- eProp, 07 September 2013
While Namibia’s economy is reportedly on a
slow but steady path to recovery, in the office and retail sectors of the
property market JHI Properties is performing well with very few vacancies
available. |
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| LISTED PROPERTY
NEWS |
MAS Real Estate set to develop historic site in Edinburgh -
eProp, 12 September 2013
ALTX-listed MAS Real Estate — the Western
European property play backed by South African developer Atterbury and life
assurer Sanlam — has increased its presence in Scotland with the acquisition of
a large tract of development land in the heart of Edinburgh’s historic city
centre.
Redefine Properties’ 90 Grayston Drive development wins safety
award - eProp, 10 September 2013
Redefine Properties’ 90 Grayston
Drive construction site was awarded first prize in the Master Builders
Association North Regional Construction Health and Safety Awards.
SA property fund goes to New York - Moneyweb, 06 September
2013
Redefine Property Fund on Friday became the first property company
in the country to launch an American Depository Receipt (ADR) programme which
will make its shares more easily tradable in the US.
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| ESTATE AGENT
NEWS |
RE/MAX ELITE reaches its 1000th sale - Property24, 12
September 2013
RE/MAX Elite has signed its 1000th sale, a remarkable
milestone for any real estate office. Since opening its doors in October 2006,
the office, which is situated in the suburb of Plumstead, has been successfully
operating in the Southern Suburbs of Cape Town for the last seven years.
Choprop to receive industry award - Property24, 10 September
2013
Choprop has announced that it is among the winning companies of the
esteemed International Property Awards in the 2013 African regional competition.
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| SPECIFIC AREAS |
New luxury ST homes in Claremont - Property24, 12 September
2013
A new sectional title development, Cricklewood Place in Crescent
Road, in Claremont, has not only changed the skyline of the suburb, but is also
offering innovative and luxurious living spaces with environmentally friendly
materials used wherever possible.
Country lifestyle homes in Namibia - Property24, 12 September
2013
For South Africans with family ties or connections with Namibia,
perhaps from having spent memorable holidays there, a new 856 hectare country
lifestyle estate well positioned just 35km south of Windhoek provides an
opportunity to acquire their own piece of the Namibian bushveld, in a serene and
secure farm setting.
Apartments in CT’s Southern Suburbs - Property24, 10 September
2013
Cape Town’s central Southern Suburbs, home to UCT and at least
seven of South Africa’s top ranked schools have, for some years now, been among
the most sought-after residential properties in the entire Greater Cape Town
area.
Springs lifestyle homes from R315k - Property24, 06 September
2013
Home buyers looking for secure living at affordable prices can now
own homes from as little as R315 000 for a two bedroom unit measuring 46 square
metres. |
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| INTERNATIONAL
PROPERTY NEWS |
London homes a must-have for the rich - Property24, 12
September 2013
Buying an offshore property in a stable political climate
such as the UK is an excellent way to protect yourself, and your family, against
local economic and political uncertainty, says Mike Smuts of Smuts & Taylor.
Spain set to offer residency to upmarket property investors –
eProp, 07 September 2013
Pam Golding Properties has plans to market high
quality, investment yielding residential property in prime locations in Spain
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