Property News - August 2009

Welcome to our property investment newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends.

This month we have managed to secure a number of large land and turn key development opportunities at Durban’s new King Shaka International Airport which is now scheduled for completion in 2010. For general industrial warehousing now is the time to get involved. Please see our featured development or contact Bradley Hancock on 072 019 6192 or via email bradley@portfolio-property.com

Articles

SA Property – ABSA House Price Indices

June 2009 saw a continuation of the declining trend in both nominal and real house prices in the South African housing market.

During the first half of 2008 yields improved as the rental market held its ground while the sales market was hit hard by falling prices. As we moved into 2009 the reverse situation has occurred – with rents under pressure from rapid supply growth and only modest growth in tenant demand.

Alliance Finance has been attracting massive public interest, says Alliance Group Director Michael Barr. He explains that the finance products that Alliance Group has been rolling out are “intrinsically tied to Alliance Group’s core auction and distressed asset recovery service offerings.”  Commercial property owners are able to access equity by taking a loan on their property through the financial products and lending solutions offered by Alliance Group.

It will be found that, in most material respects, the licensing requirements of financial service providers under the Financial Advisory and Intermediary Services Act [FAIS] and those of estate agents as prescribed by the Estate Agency Affairs Act, are, as can probably be anticipated, fairly consistent for two service orientated professions that are regulated in the public interest.

A shortage of new build housing will emerge in the South East of England next year, according to the latest Knight Frank residential development review. New build starts in the region this year are likely to amount to the lowest since the 1950s.

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Past News Letters

• May 2010
• April 2010
• March 2010
• February 2010
• January 2010
• December 2009
• November 2009
• October 2009
• September 2009
• August 2009
• July 2009
• June 2009
• May 2009
• April 2009
• March 2009
• February 2009
• January 2009
• December 2008
• November 2008
• October 2008
• September 2008
• August 2008
• July 2008
• June 2008
• May 2008
• April 2008
• March 2008
• February 2008
• January 2008
• December 2007
• November 2007
• October 2007
• September 2007
• August 2007
• July 2007
• June 2007
• May 2007
• April 2007
• March 2007
• February 2007
• January 2007
• December 2006
• November 2006
• October 2006