As anticipated, the MPC kept the repo rate steady, taking a conservative approach against the backdrop of rising fuel prices, and with a wary eye on CPI inflation, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet to deliberate on interest rates from the 26-28 March, and FNB expects it to leave its policy Repo Rate unchanged at 6.75%.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

The FNB/BER Building Confidence Index lost 14 points to register a level of 29 in 2Q2018. This is the lowest since 2Q2012.

May 2018 saw the FNB House Price Index growing by a faster 4.6%, year-on-year, up from the previous month’s 3.8% in April, and from a February 2018 low of 2.8%.

JLL’s Q1 2018 market reports unpack topical trends impacting South Africa’s main office, industrial and retail markets in the commercial real estate sector.

The latest figures from the respected property analysts Lightstone bear out the bullish statements that he has from time to time made about the prospects for what is arguably the Cape Town Northern Suburbs’ most prestigious and popular suburb, Durbanville, said Rowan Alexander, Director of Alexander Swart Property, this week.

As expected, the Monetary Policy Committee kept the repo rate stable, with analysts and market commentators ahead of today’s announcement (24 May 2018) pointing to a more hawkish stance amid a weaker rand.

Loftus Park, the dynamic new mixed-use green precinct in Pretoria, celebrated its much-anticipated official opening today.

Amidst serious political turmoil, the South African property market ended 2017 on a better footing, with industrial property and flat rentals managing to outpace inflation.

Page 1 of 8

Most Popular

Vukile transforms Pinetown’s first shopping centre, Pine Crest, into the first choice for shopping

Jul 25, 2019
 ITUMELNG MOTHIBELI
The renovated new Pine Crest launched today after an innovative R200m, 14-month…

Successful construction of CrestAquarium by Concor Buildings

Jul 25, 2019
 CRESTAQUARIUM 1
The indoor CrestAquarium at Cresta Shopping Centre allows shoppers to view more than 30…

The next wave of property development in Africa is coming

Jul 31, 2019
 NIYI ADELEYE
The past decade has seen South African property developers and investors forge their way…

Sandton Central’s private sector green building leadership contributes to better public spaces

Jul 25, 2019
 ELAINE JACK
From 2010, when Nedbank completed its headquarters on the corner of Rivonia Road and…

Centurion Mall, Redefine’s largest asset after comprehensive refurbishment

Jul 25, 2019
CENTURION MALL 1
The JSE-listed diversified real estate investment trust Redefine Properties today…

Please publish modules in offcanvas position.