Latest Property News
Call for freeze on land sales in Khayelitsha
The newly-formed Khayelitsha Human Settlements Task Team has called for a freeze on all transfers and sales of land in Khayelitsha while a land audit is done by the City of Cape Town and made [...]
Social distancing costs mount for commercial landlords and tenants
Growthpoint Cape Town estimates it has spent R5 million to date on measures like sanitiser and temperature testing, as the CBD's landlord and tennants look for common ground to survive . Cooperation and support between [...]
Interest rate drop to add to property rebound, with reports of ‘record breaking activity
Globally, conditions are expected to remain unpredictable during the current Covid-19 pandemic. Accordingly, the South African Reserve Bank has stressed once again that in “this highly uncertain environment, future decisions will continue to be highly [...]
Weak office market will ‘adapt to risks and evolve to be value-packed’
The exact impact of COVID-19 on offices in South Africa is a key point of debate, but their relevance for the future of business isn’t - with industry experts stating "offices will continue to be [...]