Section 12J property investments - calling last rounds on the tax break
Section 12J funds will be gearing up for a flurry of interest as investors into the tax incentive realise it may be now or never to make the most of the tax break offered. Not only are investors clamouring to benefit from the tax deduction before financial year end on 28 February 2021, but this may very well be the penultimate tax season in which SARS will make the incentive available.
[Read More]Posted at 03:32PM Feb 09, 2021 by Editor in Market |
The rising importance of proptech in a new world
Amplified by the pressures of a global pandemic, 2021 has begun as a continuation of the challenging economic conditions that plagued the year before.
[Read More]Posted at 03:15PM Feb 09, 2021 by Editor in Market |
Property sub-sectors offer hope for investors
"The property market is deeply complex with around 25 sectors and sub-sectors, all of which are recovering at very different rates"
[Read More]Posted at 10:57AM Feb 09, 2021 by Editor in Market |
Equites sells two UK distribution warehouses to real estate funds
The JSE-LISTED specialist logistics property fund, Equites, has sold two UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million (about R883.9m), representing a 4.79 percent net exit yield and 6 percent premium to Equites' book value.
[Read More]Posted at 09:49AM Feb 09, 2021 by Editor in Market |
Foreign property buyers eye SA to escape lockdown blues
Latest sales statistics for Cape Town's Atlantic Seaboard and City Bowl show that there has been a general uptick in sales to foreign buyers in December, with these representing about 20% of all transactions compared to just 7% for the previous two months.
[Read More]Posted at 09:43AM Feb 09, 2021 by Editor in Market |
Travel restrictions affect international home sales
Foreign investment into the South African real estate sector has been impacted by the international travel restrictions implemented in the response to the pandemic.
[Read More]Posted at 09:38AM Feb 09, 2021 by Editor in Market |