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Wednesday Sep 15, 2021

Free Weekly Property Digital Magazine

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Flyt's 12J property fund see sales flying through the roof at One Thibault

Property development and investment firm Flyt Property Investment have posted record sales across three developments on offer via their Section 12J Select and Partnership Funds.

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Demand for new homes starts to fall, house price growth is decelerating

The deleceration in house price growth was in line with FNB's expectations and reflected waning interest-rate induced demand and swelling labour market pressures.

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Debt relief plan for Joburg ratepayers

The City of Joburg has extended the debt rehabilitation programme till the end of the year.

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Cape Town puts reduced parking requirements on hold

The City of Cape Town says it will soon publish a draft map demarcating the reduced off-street parking requirements for developments in areas with access to MyCiTi, mini-bus taxis and Golden Arrow Bus service.

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Fortress increases dividend, revenue drops

Fortress, the real estate investment trust (Reit) operating in the South African and Central and Eastern European (CEE) markets - more than doubled its dividend for the year to June 30.

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Western Cape now preferred semigration destination

The Western Cape has become a preferred semigration destination following the riots that took place in Gauteng and KwaZulu-Natal.

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Dunoon relocations 'held up by court bid'

A failed court bid by the Racing Park Development Owners' Association (RPDOA) has been blamed for the slow progress relocating families living in congested conditions in Dunoon to the Killarney Gardens Emergency Housing Project.

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Proptech is empowering estate agents

Due to lockdown and limited in-person engagement, the real estate industry has had to fast-track the adoption of virtual and video tours.

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