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Property & Real Estate

Best festive wishes

Thank you for being part of Bizcommunity this year. We hope you will remain a part of our local, African and global business communities in 2016.

December is considered a quiet time for business news, nevertheless we will keep you updated with daily stories across our industries throughout the festive season. This is our last newsletter for 2015, our first editions for 2016 will be ready for delivery on Monday, 4 January.

Here's hoping you are surrounded by everything you hold dear and valuable this holiday season and may peace and goodwill be upon you all.

Best festive wishes,
Team Bizcommunity

Weekly top stories
The Best of Biz 2015: Property
We've compiled a #BestofBiz 2015 list for all our industries, from articles with the most views, the most-read contributors to the press offices with the most hits. read


Advertising
The business of Private Property

Leigh Andrews

An online property portal that also offers educational videos and a popular TV feature where the lucky winner receives a home are part of Private Property's successful e-commerce model... read
Commercial
Cosmo Mall Pedestrian Bridge to open in time for peak festive season trading
The new multi-million rand Cosmo Mall Pedestrian Bridge, developed by the Bentel Group, the owner and developer of the mall, will open to the public later this month just before the peak festive season trading... read
Pareto acquires 100% of Menlyn Park Shopping Centre
The Menlyn Park Shopping Centre in Pretoria is now wholly owned by Pareto, which previously owned a 50% stake and last week took transfer of the remaining 50% stake from Old Mutual Life Assurance Company... read
Rebosis changes tack to retail properties

Alistair Anderson

Rebosis Property Fund has decided to focus on shopping malls, shifting its government-tenanted offices gradually into subsidiary Ascension Properties as it looks to attract retail-hungry investors... read
V&A Waterfront announces development of Canal District
The first phase of a new Canal District at the V&A Waterfront in Cape Town is under way... read
Redefine signs R1.3bn deal with Delta
Redefine Properties has entered into an agreement with Delta Property Fund to dispose approximately 60% of its government tenanted office portfolio - valued at nearly R1.3bn - to Delta in return for Delta shares... read
Market & Investments
MBDA delivers projects that generate positive economic impact
The annual economic barometer of the Mandela Bay Development Agency (MBDA) measures the return on renewal investment in the Nelson Mandela Bay Metropolitan area in the Eastern Cape... read
Listed property shows signs of flagging

Alistair Anderson

Although South African listed property fared relatively well against European markets last month, there are signs that the sector's strong run is ending... read
Property Management
Advantages of wi-fi connectivity in residential developments

Andile Ngcaba

Wi-fi connectivity is increasingly being bundled with other valued amenities in residential property developments across South Africa... read
Rental
Rights of tenants when property is being sold

Adrian Goslett

Tenants, whose property owner has put their rental property on the market, have certain rights but should consider the current contract before cancelling any lease... read
Residential
Understanding VAT rules on residential properties

Ben Strauss

The value-added tax (VAT) rules on the building, buying, letting and selling of residential properties are not simple and it is worthwhile recapping some of the general principles that apply... read
Who is responsible for property transaction costs?
Financial preparation by both sellers and buyers will ensure that the property sales process runs smoothly and that there are no monetary surprises on either side of the sale... read
Sustainable Development
WSP team achieves six-star Green Star-rated building in Rwanda
Multi-disciplinary engineering consultancy, WSP | Parsons Brinckerhoff Africa, has achieved a six-star rating for its Nobelia Office Tower in Kigali, Rwanda... read
Business
Eight festive season survival tips for small businesses

Daryl Blundell

For small businesses, the festive season might be their busiest time or an opportunity to regroup for the New Year. Here are eight ways to make the most of the holidays... read
New business
  • JLL acquires Trussard Property Consultants - more info

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  Twitter
@BetterLifeZA
As an estate agent, you need to arm yourself with the right skills & tools. Make 2016 your year with these tips: https://t.co/ueKwMwtjPT - Mon Dec 14
@IOL
Gogo gets a home after 35 year wait https://t.co/v9poWUg70R | Independent Online - Mon Dec 14
@ePropertyNews
Balwin Properties acquire development rights in Johannesburg's Waterfall node for R1.5bn https://t.co/9H94Xma3pG #property #cre #jse - Tue Dec 15
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