Pretoria graduate wins international architectural award
A University of Pretoria (UP) alumnus has said graduates from the university's Department of Architecture are ranked among the best in the world after winning an international award.[Read More]
Posted at 07:01AM Jun 28, 2011 by Editor in International |
Angola eases import rules for housing scheme
Angola is lifting customs duties on construction materials imported to build houses for the poor, the government announced Wednesday, one day after a housing protest in the capital Luanda.
Angola suffers a critical shortage of housing due to three decades of civil war which destroyed huge swathes of the country and saw millions seek refuge by cramming into Luanda, where many remain in slum conditions without basic sanitation.
A reliance on imported material like cement means construction projects are expensive and time consuming, and the focus has been on high end residential developments which yield the most profit.
The state news agency Angop said the cabinet decided to lift the duties on building supplies for housing schemes in a bid to prod the scheme forward.[Read More]
Posted at 11:22AM Jul 30, 2009 by Editor in International |
'Local is still lekker' when comparing prices
Since the onset of the global recession there have been numerous advertisements in the South African media for "bargain property" buys in the UK, US and Europe, says Tony Clarke, MD of Rawson Properties.[Read More]
Posted at 10:25AM Jul 27, 2009 by Editor in International |
SA's foreign home owners have to comply with stricter legal processes
Until recently, when foreign buyers sold their residential properties in South Africa, they were allowed to repatriate all the funds brought into this country for this purpose - provided that their original deed of sale was endorsed to make it clear that they were genuinely non-residents.[Read More]
Posted at 10:09AM Jul 27, 2009 by Editor in International |
Chas Everitt opens in Zimbabwe
With multiple currency trading having become legal and Zimbabwe property prices starting to correct themselves, the Chas Everitt International property group has announced the 1 June opening of an office in the countrys capital city, Harare.
The owner of the new franchise is Charles Mbanje, whose property industry experience spans almost 20 years and several African countries. During this time Mbanje held senior positions such as associate partner at international property firm Knight Frank and MD of Innscor Africa Ltd.
The legalisation of multiple currency trading has proven a boon in that inflated property prices are now re-adjusting, he says. Property prices in Zimbabwe were blown out of proportion due to excessive speculative behaviour and hyper-inflation; now prices are correcting themselves and there is a greater degree of transparency in transactions.
For many years sales were made in secret.[Read More]
Long-running property disputes dog Vatican-Israel ties
Israeli and Vatican lawyers have been disputing ownership of land occupied by a Catholic charity in Jerusalem for 35 years -- just one of many longstanding property issues that form an uneasy backdrop to Pope Benedict XVI's visit to Israel next week.[Read More]
Posted at 10:39AM May 06, 2009 by Editor in International |
Property slump opens doors for slum dwellers in Morocco
A slumping world property market has given new impetus to Morocco's plans to demolish its townships, where decades of state neglect have bred despair and religious extremism.[Read More]
Posted at 01:18PM Apr 28, 2009 by Editor in International |