South Africa

Spain: Marketing properties to South Africans

Fri, 24 Jul 2009 04:22:28 -0500

South Africans wishing to acquire a property in Spain's sought-after Costa Blanco in southern Valencia, or Spaniards considering buying a property in South Africa, now have access to the expertise of Vincent Real Estate (www.vincent-realestate.com) in Costa Blanco and Leapfrog Property Group in SA (www.leapfrog.co.za) respectively, thanks to a reciprocal co-operation agreement between the two estate agencies.

Uganda: Why Building Loans are Gaining Popularity

Fri, 03 Jul 2009 04:07:55 -0500

Kampala — UGANDA currently has a housing deficit of more than 1.7 million units and the figure is rising annually in tandem with a high population growth rate.

"Real estate market will get worse before it gets better"

Fri, 26 Jun 2009 03:21:38 -0500

Bad debts, vacancies will rise, warns listed property company CEO of South Africa's commercial real estate sector.

CMA draws up rules to allow trading of property shares on Nairobi bourse

Mon, 08 Jun 2009 03:23:50 -0500

Millions of Kenyans are to benefit from a major new investment window as the government moves to introduce regulations that will allow real estate to be traded at the Nairobi Stock Exchange.

Meltdown: Nigeria in context of global response to impact on real estate

Mon, 08 Jun 2009 03:13:26 -0500

As the global economic crisis persists, different countries of the world have devised measures for responding to its impact on real estate. CHUKA UROKO writes that top of these measures are cuts in interest rates on mortgage lending and housing loans

Uganda: Energy Drives Real Estate Growth

Fri, 05 Jun 2009 03:29:42 -0500

Kampala — PROXIMITY to the electricity grid greatly influences the rate of success of many real estate investors.

Real estate firms scramble for Rwanda $350m market

Mon, 01 Jun 2009 04:12:55 -0500

Investment in Rwanda’s real estate and construction industry has grown by 250 per cent from $100 million to $351 million, between 2003 to 2008.

Property investors in ganja warfare

Wed, 13 May 2009 08:28:52 -0500

Well-heated buildings good for tenant dagga crops; Realestateweb visitor wins different kind of poison - and 2010 property rental twist.

"You're hired!" Zuma tells Sexwale

Wed, 13 May 2009 08:25:00 -0500

Now go out and solve the housing crisis, Tokyo. Details, analysis about duo facing up to South Africa’s biggest property problem.

Win 2 luxury homes in Pennington, KwaZulu Natal, South Africa crossword competition launches.

Mon, 11 May 2009 12:12:38 -0500

May saw the launch of an exciting crossword competition to win not one luxury home but two luxury homes in Pennington South Africa. This is a genuine competition for someone to win these amazing homes

South African prices back to 2006 levels

Thu, 07 May 2009 08:55:57 -0500

South Africa property prices have fallen back to levels last recorded in December 2006, according to First National Bank’s (FNB’s) house price index.

Real estate deal of the Century

Thu, 07 May 2009 08:45:54 -0500

WHILE scores of real estate franchises close up shop as a slump in the property market takes its toll, one of the world’s largest property groups is offering locals an opportunity to win a free business.

South African Bad Loans Don’t Pose ‘Systemic Threat’

Thu, 07 May 2009 08:30:53 -0500

An increase in bad loans in South Africa is not a “major systemic threat” to banks, which are well-capitalized and profitable, the central bank said.

South African House Prices Drop Most Since 1986, Absa Bank Says

Thu, 07 May 2009 08:24:39 -0500

South African house prices fell an annual 2.7 percent last month, the steepest decline since November 1986, as a possible recession in the continent’s biggest economy damped demand, said Absa Group Ltd.

Industrial property: rents, investment trends

Sun, 03 May 2009 09:09:05 -0500

The South African industrial property market faces an economic threat which could end the excellent run it has enjoyed over the past few years

Property hails rate cut

Sun, 03 May 2009 09:01:42 -0500

Thursday's rate cut was another step in the right direction towards stimulating the housing market, the Pam Golding Property group said.

Banks announce rate cuts following SARB reduction

Sun, 03 May 2009 08:54:01 -0500

THE country’s major banks announced they would cut interest rates in line with the cut in the South African Reserve Bank’s repo rate announced yesterday.

Save like a squirrel

Sun, 03 May 2009 08:47:48 -0500

Because this time the economy's different. Scary home loan graphs, worrying economic data behind South Africa's interest rate cuts.