Residential property developments dominated the Cape Town CBD property scene in 2021, with several impressive residential or mixed-use developments coming on stream. The conversion of commercial office blocks into mixed-use developments (which have a residential and commercial component) to provide flexible living options as well as optimising of co-working and co-living areas continued to be the stand-out...

The work-from-home pandemic-induced trends have spurred a wave of home-based small businesses and cottage industries. According to the Seeff Property Group, estate agents are increasingly dealing with property buyers in search of residential properties where they can live and work from home or run a small business. The answer to that usually depends on the local municipal zoning and land use regulations as...

A total of 13 property developments or redevelopments valued at more than R2.5 billion were completed in the Cape Town CBD during 2021, despite rolling lockdown restrictions prompted by the pandemic. The 13 projects are part of a total of 28 property investments that came on stream in Cape Town Central City in 2021 – either completed, under construction or in the planning phase – valued...

As if property transactions weren’t already convoluted enough with reams of documentation and legalese to navigate, there are also often suspensive conditions included in the Offer to Purchase that need to be met by one or both parties and these need to be gone over with a fine toothcomb. So says Grahame Diedericks, Manager Principal for Lew Geffen Sotheby’s International Realty, adding that, when...

Getting a foot on the property ladder has always been a primary goal for most people and, as their lives change over the years, so do their property requirements, however, significant shifts in buyer’s priorities in recent years have precipitated notable changes in how these new needs are being met. “Traditionally, the popular first-time buyer choice was a flat in an urban location close to the action...

For family home buyers, probably the most important factor in their choice of location is proximity to good schooling. Yet, says Mohammed Amra, Pam Golding Properties area principal in Durban and Port Shepstone/Margate, some eminently suitable centrally situated suburbs with access to reputable government and private schools are sometimes overlooked. Says Amra: “Schools impact buyers’ needs as they...

Kindly take note of these deadlines with regards to the PPRA.1. Education RegulationsAll practitioners must comply within two years of their first FFC. Those that do not have amnesty until 31 January 2023. This means you must have completed your 12-month intern logbook, your NQF Level 4 Real Estate 59097, and your PDE Level 4 exam in time. Failing which you will be barred from operating as a Property...

We know that there are still some of you battling to renew your FFC, so we have decided to share some tips to help you out. Please note the contents of this article has been extracted from this PPRA Notice.Important Tips The cut-off date to renew your 2023 FFC is 31 Oct 2022 Your renewal is paid for 3 years in advance There is no payment plan allowed for with regards to the...

Resilient Reit has called into question the merits of being listed on the JSE, saying it was considering going private as it was “no longer a given” that being on the local bourse gives firms, in particular property firms, greater access to capital. “With its advisers, Resilient is evaluating its listing on the JSE and all alternatives with the objective of maintaining high standards of governance...

After the collapse of its dual capital structure into a single class of ordinary shares in April, Dipula Income Fund’s credit rating has been upgraded with a stable outlook due to its solid operational performance and stable operating profits throughout the Covid-19 pandemic. Global Credit Ratings (GCR) upgraded assigned Dipula’s SA long- and...