Property News - March 2017

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 and news.

Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings and property management requirements. We look forward to being of service to you!



Articles

Municipal Debt - A Victory for South African Property Owners

Terrific news for the property market. A recent court judgment has indicated that owners will no longer be liable for historical municipal debt on their property. 



KZN Development - United African Marine Insurance Brokers (PTY) Limited Aquires 20,520 SQM Retail Land at Cornubia

Two sites at the Cornubia mixed-use development north of Durban, will break ground early in 2017.  The land was purchased in 2014, by the property development division of United African Group for a new development.



Property Watch (Part III) - Valuation of Commercial and Industrial Property

An industrial property is let at R45m², the net income of R575,856-00 per annum, capitalised at 9%, values the property at R6,398,400-00



uMhlanga Rocks - A new vision for Durban's Iconic Village

A key destination on KwaZulu-Natal’s North Coast, uMhlanga Rocks has recognised and embraced the changes afoot, and captured the deep connections that locals and visitors have with this place, under a new, unified vision launched at a breakfast held at the Beverly Hills Hotel



International Property - 15 Years of the Euro

Our analysis looks at how the change in the EUR/GBP exchange rate over that time has provided opportunities for British and Eurozone property buyers to benefit from currency movements in the other’s market. 


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