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SA property groups ready for a downgrade

African property developers could soon see more competition from South African funds as they look to invest out of South Africa with that country expected to receive a credit ratings downgrade in the near future. ... Full story

Zimbabwean property sector ready to rise

Zimbabwean real estate is set to see an influx of foreign buyers having taken up the US dollar and with the country making it easier for foreigners to buy property in the country but this will take a few years to materialize fully. ... Full story

Zuma’s SONA 2016 speech disappoints Property Investors

While the State of the Nation Address (SONA 2016) was marred by numerous disruptions, President Jacob Zuma reminded the nation that he spoke this time last year of a Bill that would place a ceiling on land ownership at 12 000 hectares. ... Full story

Some pearls in South Africa’s listed property sector

Those investors which look carefully in 2016 when picking their stocks may be rewarded but the overall sector is under pressure in South Africa, reports Ortneil Kutama, Africa Property News.com Media Director. ... Full story

Rand weakness dampens SA Property

Listed property in many developing countries has had difficult year. Currency weakness weakened its returns. Nevertheless some African property funds have held up well and many listed property companies in South Africa outperformed equities and cash. ... Full story

S.Africa’s Rand stages recovery on the return of Pravin Gordhan

The reappointment of Pravin Gordhan as the South Africa’s Finance Minister added a positive tone to the market, with the rand staging recovery at midnight on Sunday as the rally in the dollar eased. ... Full story

SA’s construction giant to pay $4.1 million penalty

South Africa’s second-biggest construction group, Murray & Roberts (JSE: MUR) has been issued with a $4.1m (R64.1m ZAR) fine for its involvement in collusive tendering in construction projects for the 2010 Fifa World Cup. ... Full story

SA Property Owners outraged over Finance Minister's sacking

Last night's announcement by President Zuma to remove Nhlanhla Nene as Finance Minister, has sparked outrage from the South African Property Owners Association (Sapoa). ... Full story

Women make waves in South African Property Industry

Various women are making moves in the property industry with a number taking up the reins at listed groups, Africa Property News.com has learned. ... Full story

SA's first self-storage REIT debuts on JSE

South Africa’s specialized property fund, Stor-Age Property REIT Limited, which invests exclusively in self-storage properties, on Monday debuted on the Johannesburg Stock Exchange (JSE), ... Full story

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