PropertyWeb brings you the latest news in the real estate sector from around Southern Africa. It is managed by Network 9, a division of The High Option Ltd.
Property News

The evolution of office space in an uncertain era

Rainmaker Marketing, a KZN-based property marketing agency, recently hosted their seventh property-related webinar. Their series of webinars have covered a broad range of interesting, thought-provoking topics during national lockdown. Stefan Botha, Director of Rainmaker Marketing, and facilitator of the webinars says that the future of office space post-Covid-19 has been a topic on everyone’s lips. […]

Property News

ContinuitySA confirms Waterfall’s Corporate Campus as new premises

ContinuitySA has chosen Waterfall’s Corporate Campus for its newest premises. A leading provider of business continuity management services in Africa, the firm is expanding to accommodate greater demand for disaster recovery and work area recovery facilities. In the current environment, companies are placing increasing emphasis on the need for resilient business continuity plans and capabilities […]

Property News

The fast-changing face of South Africa’s traditional CBDs

COVID-19 may have accelerated changes to South Africa’s central business districts (CBDs), with many emptying out significantly during the lockdowns, but the truth is that CBDs were changing long before the pandemic hit with companies seeking to close their head offices in favour of more pocket-friendly, but equally as sophisticated serviced office spaces. Business hubs […]

Property News

The risks and rewards of buying-off-plan

Buying-off-plan has made owning a brand-new home more affordable and accessible. The repo rate is sitting at an unprecedented low and buyers and investors are caught between buying-off-plan versus buying an existing property. Grant Smee, Managing Director of Only Realty says that while buying-off-plan is an attractive investment opportunity, you need to do research before […]

Property News

Cape Town’s South Peninsula to welcome mixed-use development

Cape Town’s South Peninsula will welcome a new mixed-use development. Located near Imhoff Farm in Kommetjie, the public participation process is set to commence mid-July 2020 as part of the required Environmental Impact Assessment (EIA). The proposed development site comprises of 58,63 hectares of Cape Farm 1529 and it will include retirement, residential, retail, and […]

Property News

Commercial rentals see declining activity and rising vacancies

In a recent report, FNB Commercial Property discussed the second quarter 2020 results of the rental market component of their Broker Survey which samples commercial property brokers in and round the six major metros of South Africa. FNB Commercial Property Finance’s strong focus is on the ‘owner-serviced’ market and a pre-requisite in selecting broker respondents […]

Property News

The commercial property market – factors to consider when investing

Covid-19 has wreaked havoc on the property market and commercial property is no exception. With landlords and tenants under financial and business pressure, many commercial investors are questioning the viability of their portfolios. Louis van Rooyen, commercial property expert and broker for Rawson Properties Somerset West says that there are still great opportunities for investors […]

Property News

How the construction industry can mitigate the risk of Covid-19

The Western Cape’s Covid-19 infection peak will take place from late July through to early August according to the latest epidemiological models. Both longer and flatter than anticipated, the worst of the pandemic is still to come. With the economy opening significantly and the construction industry returning to site, it is now more important than […]

Property News

Growthpoint receives top award from the IAS

Growthpoint Properties has been awarded as the overall winner of the Investment Analysts Society of South Africa (IAS) Excellence in Financial Reporting and Communications 2019. The company was also voted as the leader in communication and financial reporting in the property sector category. Companies who display excellence in transparency, financial disclosure, and communication with members […]

Property News

City of Cape Town announces property rates relief for certain NPOs

The City of Cape Town has announced the implementation of 11 new property categories aimed at enabling lower or no rates for Non-Profit Organisations (NPOs) and other charitable property owners including organisations offering shelter to street people, early child development and youth development. The new categories have a reduced ‘rate-in-the-rand’ which means that less or […]

Property News

Lockdown prompts homeowners re-evaluate lifestyle, including living spaces

The far-reaching lockdown experienced by homeowners in South Africa has no doubt provided much food for thought and room for introspection, most likely mainly around re-evaluating lifestyle and long-term goals, but also their immediate surrounds – their homes. Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “Having been isolated in the […]

Property News

The pros & cons of installing inverters ahead of ‘load reduction’

Eskom has announced it will be implementing ‘load reduction’ for certain regions of the country. Once again, this will leave many individuals and small businesses without power. In many instances, generators are not practical and South Africans are starting to consider investing in inverters. Shaun Dubois of Just Property says that investing in an inverter […]

Property News

As lockdowns ease, how have global property markets fared?

As the Covid-19 pandemic sent much of the world into lockdown, significantly negatively impacting the world economy, global real estate activity slowed dramatically. Now the majority of countries around the world are loosening restrictions, with many people returning to the workplace. But how have property markets responded? Citing Savills Global Market Sentiment Survey, Dr Andrew […]

Property News

Five minutes with Aquacor’s Matthew Quinton on their new development StayMelville

We recently sat down to chat with Aquacor’s Matthew Quinton to discuss their latest development, StayMelville in Ottery, Cape Town. StayMelville is a secure lifestyle and community orientated residential estate on just over 28 000 m2 of land in Cape Town’s South Peninsula, developed by Aquacor for their client, Stay Properties. It forms a link, […]