Real Estate in South Africa
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CZECH, 2017/08/20
The African real estate market needs stronger regulations and a additional reliable policy of law in order to attract investment in the continent — Africa Property News.com has learned.
Various large Listed South African funds feel African real estate is a long term game hindered by weak laws. They need recourse if something goes wrong.
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BOTSWANA, 2017/08/20
Some property pundits believe there are major opportunities for investors or companies on the continent.
While most pundits will acknowledge that the saying “Africa is not for sissies” rings authentic at the same time as it comes to property investment , some commentators believe that there are major opportunities for investors on the continent.
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SOUTH AFRICA, 2015/12/26
While real estate investment trusts (REITs) are relative newcomers to the South African market, with the regime governing the investment vehicle initial codified in 2013, they have outperformed other classes of assets in recent months.
Looking ahead, the residential component of the property market, which has from presently on to be tapped by REITs, is expected to offer new opportunities for increase and provide a further boost to the investment appeal of trusts.
Bucking economic trends
REITs posted the highest year-to-date (YTD) return on investment (ROI) of any investment class in South Africa in October. Returns reached 15.6%, with a year-on-time(y-o-y) ROI of 20.2%, according to Cape Town-based Catalyst Fund Managers. Equities, meanwhile, posted YTD returns of 11.3%, with bonds trailing at 4%.
Laurence Rapp, chairman of the SA REIT Association, which represents all listed REITs, said the segment had continued to gather momentum in terms of both earnings and capitalisation, despite the slower economic backdrop.
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SOUTH AFRICA, 2013/02/08
The deteriorating creditworthiness and affordability among South Africans has affected the appetite for advance loans for affordable houses, according to Nedbank’s affordable-housing head Jeff Lawrence.
Among the worst affected were those earning between R3501 and R15 000; they have been falling through the cracks when it comes to qualifying for mortgage finance.
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SOUTH AFRICA, 2013/02/08
The year-on-year increase in the average price of homes in the middle segment of the South African housing market continued last month‚ according to the new Absa home price index.
Middle-segment home price increase came to 9.1 % in nominal terms in January from a year formerly‚ next rising by a revised 7.4 % year on year in December.
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SOUTH AFRICA, 2013/02/02
Broll Property Group, based in the affluent Johannesburg suburb of Sandton and an affiliate of Los Angeles, CA-based CBRE, today has one of the major commercial real estate management portfolios on the continent of Africa - 65 million square feet (six million square meters) in 15 nations.
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SOUTH AFRICA, 2013/02/02
A South African finance firm and a well-known developer are partnering in developing Tiny Town Phase II, expected to be a landmark retail and residential complex at the same time as completed in 2014, even though the retail component will be on the small side at prime.
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SOUTH AFRICA, 2013/01/17
Property remains the key pillar in the investor's armament, offering long-term increase coupled with rental gain in the medium-term. Just Property Group CEO, John Roberts says the question on whether that investment should be in South African property or globally is one of personal choice.
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SOUTH AFRICA, 2013/01/17
US acting secretary of commerce Rebecca Blank on Wednesday launched the Doing Business in Africa Campaign, while as well expressing concern at the recent labour strikes in South Africa.
“Any business leader will tell you that their investment and commitment to an area is very strongly related to their sense of political and economic stability in that area. South Africa has been a gateway to the rest of the continent in part because it has had a growing and stable economy.
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GHANA, 2012/03/26
A South African infrastructural development company, Bigen Africa, has expressed interest in partnering Ghanaian real estate companies to build affordable houses for the poor and middle gain earners. Speaking to the Daily Graphic on the sidelines of Bigen Africa roundtable to introduce the operations of the company to the Ghanaian market, Mr Emmanuel Anesu Kere, the Africa Region Director of the company, said the company had the capacity to deliver and help reduce Ghana’s housing deficit.
