MortgageMax Digest I 18 October 2024
Dear Business Partners,
Here is your weekly round-up of articles. Please share with your clients and developers so that they are also kept up to date with what’s happening in the market.
Enjoy!
The MortgageMax Team
New ‘city’ in South Africa to break ground in early 2025
Construction on the Bankenveld District City will start in the first quarter of 2025. In its financial results for the six months ended 31 August, Calgro M3 confirmed that the land for the Bankenveld District City was transferred to the joint venture between it and Eris Property Group in September 2024.
Read more >>
Construction on the Bankenveld District City will start in the first quarter of 2025. In its financial results for the six months ended 31 August, Calgro M3 confirmed that the land for the Bankenveld District City was transferred to the joint venture between it and Eris Property Group in September 2024.
Read more >>
GIC raises R616 million in funding for public infrastructure
Gap Infrastructure Corporation (GIC), South Africa’s largest social infrastructure developer, has successfully raised R616 million in private investment to accelerate the country’s social and public infrastructure development.
Read more >>
Gap Infrastructure Corporation (GIC), South Africa’s largest social infrastructure developer, has successfully raised R616 million in private investment to accelerate the country’s social and public infrastructure development.
Read more >>
Cape Town called to comment on draft LSDF for Spine Road Corridor in Khayelitsha
The City of Cape Town is calling on residents and property owners to comment on their draft local spatial development framework (LSDF) for the Spine Road Corridor in Khayelitsha.
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The City of Cape Town is calling on residents and property owners to comment on their draft local spatial development framework (LSDF) for the Spine Road Corridor in Khayelitsha.
Read more >>
01
2024 Africa Real Estate Report: In-depth analysis of Africa’s commercial & residential property markets
AIRE Consulting has published its 2024 Africa Real Estate Report, providing a comprehensive and detailed overview of the commercial, retail, industrial, and residential property markets across the continent.
Read more >>
2024 Africa Real Estate Report: In-depth analysis of Africa’s commercial & residential property markets
AIRE Consulting has published its 2024 Africa Real Estate Report, providing a comprehensive and detailed overview of the commercial, retail, industrial, and residential property markets across the continent.
Read more >>
02
‘Game changer:’ Govt launches bid window to help get mega infrastructure projects off the ground
The Department of Public Works and Infrastructure has opened a first-of-its-kind bid window, offering preparatory support to large public sector projects that can catalyse economic growth.
Read more >>
‘Game changer:’ Govt launches bid window to help get mega infrastructure projects off the ground
The Department of Public Works and Infrastructure has opened a first-of-its-kind bid window, offering preparatory support to large public sector projects that can catalyse economic growth.
Read more >>
03
Extortion and land occupation – Tips for running a successful property development business in tough economic conditions
The South African property market can be lucrative yet tricky during economic downturns. Housing and business space needs are always shifting. As the Gauteng Partnership Fund (GPF), we have always believed that empowering property developers not only helps them realise their dreams as entrepreneurs, but it also helps address the critical housing needs in Gauteng. As the country’s economic hub, Gauteng sees thousands of people coming in to seek job opportunities and accommodation monthly. The housing backlog in the province is estimated to be over 1 million.
Read more >>
Extortion and land occupation – Tips for running a successful property development business in tough economic conditions
The South African property market can be lucrative yet tricky during economic downturns. Housing and business space needs are always shifting. As the Gauteng Partnership Fund (GPF), we have always believed that empowering property developers not only helps them realise their dreams as entrepreneurs, but it also helps address the critical housing needs in Gauteng. As the country’s economic hub, Gauteng sees thousands of people coming in to seek job opportunities and accommodation monthly. The housing backlog in the province is estimated to be over 1 million.
Read more >>
04
HOAs are taking the matter of undesirable business practices to court
It’s been relatively quiet on the HOA front over the last few months, although there were small wins, such as a few homeowners’ associations indicating that they would no longer charge estate agents fees (labelled marketing or otherwise). The PPRA investigated and fined several estate agents caught engaging in undesirable business practices, issued letters to offending HOAs, and remains committed to eradicating these undesirable business practices.
Read more >>
HOAs are taking the matter of undesirable business practices to court
It’s been relatively quiet on the HOA front over the last few months, although there were small wins, such as a few homeowners’ associations indicating that they would no longer charge estate agents fees (labelled marketing or otherwise). The PPRA investigated and fined several estate agents caught engaging in undesirable business practices, issued letters to offending HOAs, and remains committed to eradicating these undesirable business practices.
Read more >>
Upcoming Events
GBCSA 17th Green Building Convention
Early registration for the 17th Green Building Convention is open. Register before the 14th of April 2024 to gain access to Africa’s premier green building gathering at early bird rates.
Read more >>
Western Cape Property Developer Forum 12th Annual Conference
The 12th edition of the Western Cape Property Development Forum’s (WCPDF) annual conference will take place on Wednesday and Thursday, 4 and 5 June 2025 at the Cape Town International Convention Centre. Register your interest to be the first to know when more information becomes available.
Read more >>
GBCSA 17th Green Building Convention
Early registration for the 17th Green Building Convention is open. Register before the 14th of April 2024 to gain access to Africa’s premier green building gathering at early bird rates.
Read more >>
Western Cape Property Developer Forum 12th Annual Conference
The 12th edition of the Western Cape Property Development Forum’s (WCPDF) annual conference will take place on Wednesday and Thursday, 4 and 5 June 2025 at the Cape Town International Convention Centre. Register your interest to be the first to know when more information becomes available.
Read more >>