Four hijacked Joburg properties handed back to owners with 28 arrested

Twenty-eight people have been arrested for trespassing and contempt of court after a sting operation at five hijacked properties in the south of Johannesburg.
© Sudhir Misra – 123RF.com
Mayor Herman Mashaba said the operation took place on Tuesday night. Minors found in……more

Are resident associations being captured by the property industry?

Sea Point shows how developers use these organisations to advance their own interests
Gavin Silber and Sarita Pillay, GroundUp  /  15 March 2018 12:00     
Image: Supplied
The cost of a home in Cape Town’s historically white inner-city suburbs is rising faster than almost anywhere else on the planet.……more

Mixed-use precinct Loftus Park construction nears completion

Currently being developed by Redefine Properties and Abland, the first phase of new mixed-use precinct Loftus Park is nearing completion. Phase one includes approximately 34,000m2of A-grade office space, a gym, open air piazza with restaurants and a retail offering. A……more

We need bowling greens and golf courses for affordable housing

BY: NICK BUDLENDER
Despite a profound housing and segregation crisis, the City of Cape Town continues to lease well-located public land for next to nothing to private companies and associations for bowling greens, parking lots, golf courses, and other inefficient and exclusive……more

Investors seek property funds with specialisation

Investors are seeking more exposure to property funds that offer some level of specialisation, says Evan Robins of Old Mutual Investment Group.
© Oleg Dudko – 123RF.com
Property groups focused specifically on a single type of property or based in one geographical area……more

Nedbank's R3.7bn exposure to Resilient

BY: ROB ROSE
It's an old cliché that if you owe a bank R1m, you're in trouble; but if you owe plenty of billions and your weakness spells trouble for the entire property sector, it's the banks who are in trouble.
By this……more