REPORTS

Property Market Recovers to Pre-lockdown Levels of Activity

The South African real estate market has shown a remarkable recovery following the Deeds Office closure that occurred in the second quarter of 2020 and reflects nearly the same levels of activity as it had pre-pandemic.

FNB | Week Ahead & Economics Weekly

Locally, the following stocks are scheduled to release results next week: PPC (Interim results): Management guided for headline earnings per share (HEPS) to be between 35% and 45% lower y/y (Bloomberg FY21: -26%). The decline is primarily due to non-cash related items. Revenue is expected to be 1% to 5% higher (Bloomberg FY21: +2%), while […]

PayProp | Rental Index Q3 2020

It is not at all surprising to see low rental growth continuing and high levels of arrears (both tenants in arrears and quantum of arrears) due to the impact of national restrictions on tenants’ pockets. If we consider rental price growth and tenant arrears together, it’s clear that while the worst might be over, it […]

FNB Commercial Property Finance | Property Insights

Since early-2014, the more commercial property-driven Corporate Mortgage Advances growth rate has significantly outpaced the strongly residential-driven Household Mortgage Advances category for most of the time. However, the strong recent divergence in strength between the now relatively strong Residential Property Market and the weaker Commercial Property market may see Household Mortgage Advances become the relative […]

Property: Invest, Buy, Sell

Research is the key to making the right decisions in the property market – ripe with purchasing opportunities Property remains a sound investment despite the impact of Covid-19 and the tightening of economic activity – and greater activity in certain coastal locations is creating new opportunities to buy up or enter the market in Gauteng […]

State of Cape Town Central City Report 2019 – A Year in Review

For many, Cape Town is a dream holiday destination that is on the bucket list of thousands of travellers and constantly garners awards. But beyond its iconic attractions, such as Table Mountain and picturesque blue-flag beaches, it is also an excellent investment destination. – Alan Winde, Premier of The Western Cape

FNB/BER CIVIL CONFIDENCE INDEX

Sentiment in the civil construction sector, as measured by the FNB/BER Civil Confidence Index, increased to a still low level of 11 in 3Q2020, from 5 in 2Q2020.

Residential Rental Report

Financial pressure caused by the Covid-19 lockdown continues to impact the South African rental market, as the slow deterioration of tenants able to pay their rent on time hits a deep dive. The steady deterioration of 5.43% over the last 6 years is hardly noticeable in comparison to the overnight drop to 50% in good standing in […]

Section 12J Association Inaugural Report

The Section 12J Association of South Africa has released a report to Parliament & National Treasury, outlining the results of the inaugural survey of its members which details the impact which the Section 12J incentive has had on the SA economy.

Covid-19 – Assessing Impact Of SA Real Estate

Whilst much of the focus is on more established markets, the emerging markets in sub-Saharan Africa have greater underlying vulnerability and present both magnified and different challenges, with potentially deeper and more longer-term impacts.

Commercial Legal Solution

SAPOA hosted two webinars recently on the General Principles of Lease Agreements. Herewith, please find enclosed the combined Q&A raised in these webinar sessions, providing clarity on some of the issues raised by member.  

Housing Price Index May 2020

A slowing capital growth trend, into negative territory by 2019, has been in play in recent years. The Corona Crisis is likely to add momentum to this correcting trend in 2020. Economy expected to contract sharply by-4.5%, on the back of domestic shut downs and severe global recession. Average vacancy rate expected to rise more […]

Housing Price Index March 2020

The FNB House Price Index (HPI) showed that house price appreciation slowed to 2.8% y/y in March, the lowest print since May 2011 (i.e. in close to 9 years).