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Property & Real Estate

Weekly top stories


SAPOA Property Journalism Awards out next month
Sponsored by JHI Properties, the South African Property Owners' Association (SAPOA) annual Property Journalism Awards will be announced on 11 June 2014, the second day of its international convention and property exhibition in Cape Town. Read more >>


Property
Court distinguishes between estoppel and rei vindicatio

Amanda Swanson

Ownership is arguably the most extensive right that persons have with regard to their property. So, if an owner is deprived of its property without a legal cause, the owner is entitled to recover the property from the person in possession of it. Read more >>

Commercial
Arrowhead increases distribution by 13.49%

David Furlonger

Acquisition-hungry Arrowhead Properties achieved 13.49% distribution growth to 62.58c per combined A and B linked unit in the six months to March‚ its results showed. Read more >>

Spire Property Management secures new retail centres
Spire Property Management has expanded the retail component of its management contracts through the recent securing of three new retail centres: Bloemfontein; Northcliff in Joburg; and Scottburgh in KwaZulu-Natal, all belong to one private client who has other properties under management with Spire. Read more >>

Bond applications can be derailed by bank valuations
While it is true that those South Africans hoping to buy a home - or are simply investing in residential property - these days tend to have a better understanding of how the banks' loan criteria work when they apply for a bond, they are often surprised by the banks' valuation procedures and the figures they arrive at, says Mike van Alphen, national manager of the Rawson Property Group's bond origination division, Rawson Finance. Read more >>

Property Management
Rawson reaffirms local property investment views
With UK, European and US residential property now showing many signs of recovery, Bill Rawson, chairman of the Rawson Property Group, was recently asked if he still holds the view he propounded in 2009 when, in a widely reported statement, he said categorically that an investment in South Africa would, in his view, almost always be preferable to one in any of the First World countries. Read more >>

Engel & Völkers southern Africa nominated internationally
The performance of Engel & Völkers southern Africa has been acknowledged on the international sales arena of the Engel & Völkers group worldwide, by no less than three of their agents. Read more >>

Residential
Durban residents battle developers

Nivashni Nair

Glenwood residents have objected to the demolition of a heritage building to make way for a student hostel in the Durban suburb. Read more >>

Zimbabwe central bank has 'no tools' to fix economy
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it. Read more >>

SA's residential property market is healthy, says Golding
The South African residential property market is at last showing signs of a healthy recovery, having slowly but steadily recuperated from the recession of 2008. Increasing sales volumes, rising values and growing demand all underline the recovery to more normal trading conditions, said Dr Andrew Golding, CE of the Pam Golding Property group. Read more >>

Clarity on how shared sectional title expenses are charged

Chantelle Gladwin and Gabriel da Matta

The common costs of running a sectional title scheme are legally required to be divided between all the owners in such scheme according to the owners' respective participation quotas (PQ). However, it is possible to alter the ratio in which owners are charged. Read more >>

Residential property a shining exception in a lacklustre economy
With a projected GDP growth rate for the year ahead of below 3% and with the business sector largely negative about the government's ability to manage the economy better, these days, said Bill Rawson, chairman of the Rawson Property Group, he increasingly comes across people with a gloomy view of South Africa's prospects - particularly as regards property. Read more >>


International

Mobile driving up US online retail sales
WASHINGTON, USA: US online retail sales are expected to grow to US$294bn this year, with nearly one-third of the total expenditure coming from mobile devices, according to Forrester Research. Read more >>


More International


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All industry news


Marketing & Media
    How to strut your social media content like a pro - Catherine Milward-Bridges
    Pendoring campaign is devilishly interactive

    Medical
      The health benefits of playing outdoors with friends
      World Hypertension Day - take your blood pressure, reduce your salt
      iC4H campaign kicks off on World Move for Health Day

      Retail
        Food labelling regulations confuse industry - Nick Hedley
        RCL Foods acquires 49% stake in Senn Foods
        Women account for more than 50% of new car purchases

        Government
          Elections bode well for business confidence: Sacci
          Government calls for unity to move SA forward
          Sanral warns against hoax email

          Mining
            Centre of excellence to guide growth in SA mining - Ray Maota
            Indian power companies show interest in WAMPEX
            Safety at platinum mines might be under pressure

            CSI
              SA encouraged to support Tekkie Tax campaign
              Fourth school adopted by Oxbow Xerox
              Afrika Tikkun hosts clinic for township residents

              Finance
                Three UJ teams reach final of Global Business Challenge
                South Africa faces a shrinking economy - Ross Pennell
                deVere appoints new head of Africa division

                Agriculture
                  Good year for grain farmers expected
                  African seed companies produce high-yield varieties
                  Africa's farms could feed the world - Claire Bisseker

                  Building
                    Zimbabwe to resume steel production
                    Mozambique's growing energy needs have much to offer financiers - Charlotte Mathews

                    GreenBiz
                      WasteCon2014 will focus on change and transformation
                      Changing a home to change the world
                      Winners of AfriCAN Climate Award announced

                      HR & Recruitment
                        [BizCareers] Asking for a raise - Juliette Attwell
                        Searching for employment needs a strategy

                        Legal
                          High Court gives judgment on tax clearance certificates - Heinrich Louw
                          Judgement by Constitutional Court expands meaning of Companies Act - Thina Siwendu

                          Manufacturing
                            Sappi's US$32m profit in tough times
                            Hisense global staff train local employees
                            HSBC confirms drop in local manufacturing activity - Fifi Peters

                            Education
                              Leisure Books launches school readiness programme
                              Livity Africa launches Digital Bootcamp

                              Tourism
                                A view on the Blu - Brian Berkman
                                Visitor numbers up at Cape Point

                                ICT
                                  Prevention through awareness - Simon Campbell-Young
                                  Nokia, Microsoft never the twain - Toby Shapshak
                                  Accelerateing the pace of innovation - Russel Brand

                                  Logistics
                                    Cruise liner terminal plans for Cape Town and Durban
                                    JRA to launch Find & Fix mobile application

                                    Lifestyle & Entertainment
                                      AfrikaBurn: Desert of Dreams - Brandon Williams
                                      B.O.B to play at I Heart Joburg Music festival
                                      Winter warmers - Nina Timm

                                      Automotive
                                        The future of MG in South Africa
                                        Auction Nation takes savage out of Salvage
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