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Banks concede on low-cost housing
Friday, October 27, 2006 (207 reads)
Banks that are being obliged to put up money under the financial services charter to help households find homes at the lower end of the market have already advanced R16 billion of the R42 billion they undertook to provide and according to the Department of Housing, these advances have been accomplished without the government guaranteeing the loans.
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Estate agents deny fixing prices
Friday, October 27, 2006 (202 reads)
Two well-known estate agency groups - Seeff Properties and Jawitz Properties - said on Friday there was no collusion by the estate agency industry to prevent smaller agencies advertising lower commission rates
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GlenMIB expands Eastern Cape footprint
Thursday, October 26, 2006 (249 reads)
Glenrand MIB has merged its Port Elizabeth operations with those of Bymac Insurance Brokers, one of the largest local independent short-term brokers, effectively acquiring Bymac as a going concern.
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Tax benefits offered by new property trusts
Wednesday, October 25, 2006 (204 reads)
THERE is definitely scope for unlisted real estate investment trusts (Reits) in the South African institutional pension fund landscape, says Colin Young, head of asset management at the Old Mutual Property Group.
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Taking an Absolute chance
Tuesday, October 24, 2006 (199 reads)
WHEN a share hits the "death channel" between 1c to 2c most sensible investors keep their distance - after all only a few listed companies have made a return from those grave levels.
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Estate agents deny fixing prices
Monday, October 23, 2006 (214 reads)
Property Correspondent
TWO well-known estate agency groups — Seeff Properties and Jawitz Properties — said on Friday there was no collusion by the estate agency industry to prevent smaller agencies advertising lower commission rates.
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SA housing backlog grows
Friday, October 20, 2006 (205 reads)
South Africa's housing backlog has widened due to growing urbanisation and demand despite the building of 1.9 million new homes for the poor since the end of apartheid in 1994, the government said.
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