Property News - December 2020

Welcome to our Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.

As the year draws to a close we would like to take this opportunity to wish all our clients, business associates, landlords, property fund managers and valued newsletter subscribers a happy festive season and all the best going into the new year.

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!

Articles

International Property - Global Development Report 2020

How Covid-19 is accelerating design trends and impacting housing delivery

Property Research - Global Residential Cities Index Q2 2020

The Global Residential Index tracks the movement in mainstream residential prices across 150 cities worldwide using official statistics.

Legal Update - POPI Act now in force

POPI stands for the “Protection of Personal Information”, hereinafter referred to as “the Act”. The Act was passed into Law by Parliament in 2013 and was officially enforced on 1 July 2020.

Commercial Property - Property Price / Valuations Indices don’t tell the full story

In a downturn, Property Market Values can deviate dramatically from the market “equilibrium” value, a value which can be far lower than market in recessionary times due to strong resistance by the market to dropping values to make the sales.

Property Leasing - Upfront Rentals not always safe for Landlords or Tenants

According to the TPN Credit Bureau, upfront rental payments should be approached with caution. From a landlord's perspective, he or she may be impressed and happy to receive upfront payments for between six and 12 months' rent in advance.