Property News - April 2019
Welcome to our 150th edition of the PPI Newsletter, the aim of which has always been to keep you up to date and informed as to the most recent property trends and news.
Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings, auction and property management requirements. We look forward to being of service to you!
Recently, at the Zondo Commission, Trevor Manuel said that Eskom was once the envy of the world. Indeed in 2001 it was crowned the global ‘Power Company of the Year’. And not just foreigners: in 2004 it was South Africa’s ‘most admired brand’. Corruption, maladministration, looting, and the wrong people in the wrong jobs put an end to that. But something else played a role ...
A sectional title body corporate is responsible for management and administration of its scheme. It must ensure that the provisions of the Sectional Titles Schemes Management Act (the Act) are complied with and it must enforce the provisions of its management and conduct rules.
From mid-2017 onwards a number of factors combined that helped build momentum. President Macron’s election and his probusiness stance, along with a resurgent commercial property market helped put Paris back in the spotlight.
An additional 560,000 households are expected to be living in the private rented sector by 2023. This takes the total proportion of those renting privately within the housing market to 22%, up from 20.6% today.
According to Lourens Coetzee of Marriott Asset Management, maintaining your lifestyle in later years should be the core objective of your investment plan.