Diversified, South African-focused property fund Arrowhead today reported results for the year ended 30 September 2018.

Today’s October CPI (Consumer Price Index) showed a slight acceleration in its year-on-year inflation rate, from 4.9% in the previous month to 5.1%.

MAS, through a wholly owned subsidiary, Flensburg Limited, has entered into a sale and purchase agreement to acquire a shopping centre located in Flensburg, Germany, from Commerzbank Aktiengesellschaft.

Spiralling electricity costs and the escalating energy crisis have fuelled a fast-growing trend towards energy-efficiency and green building principles during the past decade, but ecological awareness could prove a costly exercise for Cape home-owners who fail to comply with new regulations.

Whether it be a commercial or residential property sale, every owner begins the anxious countdown to the months it takes to transfer the property to the new buyer and subsequently receive payment of their proceeds.

Thursday, 25 October 2018 15:52

Legaro the highest rated green building in SA

Legaro, boutique developer of quality, exclusive lifestyle and commercial properties, recently walked away with the honours of being 2018’s highest rated green building in South Africa at the 11th Green Building Convention’s gala dinner held in October.

The budget deficit for the 2018/19 financial year is expected to widen to 4.3% of the Gross Domestic Product (GDP) – which is higher than the 2018 Budget estimate of 3.8%.

Getting your foot on the property ladder isn’t easy for first-time buyers.

Data published by Statistics South Africa with regard to private sector-financed residential building activity (see explanatory note) showed that the planning phase of new housing improved in the first seven months of 2018, whereas the construction phase contracted.

Rowan Alexander, Director of Alexander Swart Property, says that from time to time he is forced to remind clients that the 72 hour clause contains concepts which they may have not fully understood.

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