Property News - October 2013
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.
We trust that you will find this months newsletter to be informative and please dont forget to contact us with regards to your property sales and leasing requirements.
Marriott, the income Specialists, examine the year thus far for investors and take a look ahead. In the first half of 2013, investors experienced a stark reminder that adopting a short-term focus can lead to tears.
Land reform in South Africa needs to be addressed, but it shouldn’t come at the cost of food security or by breaking up economically efficient enterprises. So says the South African Property Owners Association (SAPOA), whose members comprise 90% of the commercial property sector in South Africa.
INVESTORS seeking opportunities within the multi-billion-rand Cornubia Industrial and Business Estate have only a handful of sites available for maximising their potential in the booming commercial property sector as only 20% of the original 70 hectares of serviced development land remains on the market.
With the fifth anniversary of Lehman Brothers’ collapse approaching on September 15th we look at how Europe’s housing markets have fared, calculating each market’s average price change from Q3 2008 to date.
President Jacob Zuma has signed into law the Spatial Planning and Land Use Management Bill, 2013 as well as assented to the Co-operative Amendment Act 6 of 2013.