SA Corporate Real Estate stated that its business property, mostly of transportation and convenience-oriented retail assets, was protective during the outbreak and would remain so until 2022. Through a partnership, the JSE-listed real estate investment trust (REIT) holds commercial, agricultural, office, warehouse, and housing properties throughout South Africa and three buildings in Zambia. According...
We examine several graphs that depict the implications on the economy of the country's latest National Election and its prospective beneficial influence on the real property sector. However, the President’s resounding victory, Zambia's presidential election, is rapidly spreading across the industry. We examine the biggest five changes that have occurred that we are witnessing and anticipate to witness in...
The average time a home stays on the market before being sold has increased further by two days to fifteen weeks and six days in the third quarter. These figures show that the market is slowly drifting away from equilibrium and price realism. John Loos, a household and property sector strategist at FNB said that 93 per cent of properties sold for less that the asking price in the third quarter compared...
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