News Reviews and Information on South African Property
Finding a reliable, trustworthy real estate agency that will deliver on their promises can prove to be problematic for property buyers. Different agencies are assigned to different areas and also have varying styles when it comes to playing in the property arena, so it’s important to find an agency – and the specific real estate agent – that is going to act on your behalf when you want to buy a property.
It’s your responsibility, however, to do some in-depth research with regard to finding the real estate agent that is …
A Johannesburg Stock Exchange listed company, Vivedend Income Fund, has been financed with R790 million property acquisition by Nedbank Corporate Finance.
R500 million of the R790 million was used to finance Vivedend for the Vusani acquisition. Vivedend has been doing a phenomenal job in a way that they managed to move from one to nine more properties valued at R515 million. This will further see Vivedend’s portfolio reaching R1 327 million worth of 19 properties, thus increasing the gross rentable area of 187 143 square metres.
Vusani Property Investments were established in …
“Green shoots here and there have given early indications that the property market started 2012 on a positive note.” However, Samuel Seeff, Seeff Chairman, says that the market is not entirely out of the woods.
In February, Seeff recorded 900 million Rand in sales as their best month in four years. They managed to reach a whopping 28% increase as compared to last year where they attained 600 million.
We cannot shelve the fact that low interest rates, annual salary increases and the flat house price growth have made homes more affordable …
