Property News - November 2016
Welcome to the PPI Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.
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Shoppers in the well-established north coastal development corridor of Durban will soon be spoilt for choice. Set to open in September 2017, the 85,000m² Cornubia Shopping Mall is rising from the old cane fields alongside the M41 at Flanders Road. With one eye on the staff in the Cornubia Town Centre and another on the neighbouring residential areas – Mount Edgecombe to the south west, Phoenix to the west and the Cornubia residential precinct to the north – the Cornubia Shopping Mall first phase of 65,999m2 will provide a retail solution for all needs.
In line with Tongaat Hulett’s objective of increasing the pace of economic activity in the greater Durban metropolitan region, the team welcomes property expert, Guy Gordon, as an exclusive, fulltime consultant.
Assessing Property Market Conditions across Key Alpine and US Resorts
Yielding Returns: Vienna is attracting a new type of buyer; investors targeting the city’s pied-a-terre market, where attractive yields are on offer in key up-and-coming districts.
The Estate Agency Affairs Board (EAAB) is launching a new initiative designed to help consumers distinguish between illegal operators and legitimate estate agents. This initiative aligns with our key mandate of regulating estate agents in the interest of protecting housing consumers.