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Property developer Herbert Theledi launches Jeqe Management

Sep 16, 2024 | everythingproperty.co.za | Jane Mayne

Herbert Theledi, a leading property development entrepreneur with over two decades of experience, has launched a new venture called Jeqe Management, where he will serve as Group CEO. WORDS & PHOTO: SUPPLIEDAnnouncing the new entity, Theledi described Jeqe Management as a significant step towards innovation and growth in the South African property sector. “I believe the time is right to establish a new structure to pursue property asset management opportunities.
Expansive Hatfield Strip goes on auction

Sep 16, 2024 | everythingproperty.co.za | Jane Mayne

Galetti Auction has announced that the iconic Hatfield Strip will go on auction in October 2024. The sale marks the end of an era, and presents a mixed-use conversion or residential development opportunity for investors. WORDS & PHOTO: SUPPLIEDLooking to the long-standing history of Hatfield, the suburb was first established in 1859 as a portion of the farm Koedoespoort with the University of Pretoria erected in 1908.
Late night design with Open Studios

Sep 13, 2024 | everythingproperty.co.za | Jane Mayne

The highly anticipated Open Studios series returns to Cape Town this October 2024, offering an exclusive behind-the-scenes look at the creative studios that are shaping our skyline. WORDS & PHOTOS: SUPPLIEDOn Tuesday, 15 and Wednesday, 16 October 2024, from 5pm to 8pm more than 20 of the city’s leading architecture firms, landscape designers, urban planners, and interior designers will open their doors to the public.
Lower interest rates will also be good for the rental market – Firzt Realty | Everything Property

Sep 12, 2024 | everythingproperty.co.za | Jane Mayne

Landlords should be looking forward to the start of interest rates decreases as much as homeowners are, says Denese Zaslansky, chair of the Firzt Realty group, which recently launched an in-house rental property management division. WORDS: SUPPLIED :: PHOTO: PEXELS“This may seem counter-intuitive, since declining interest rates have often prompted tenants to switch from renting to buying and made it more difficult for landlords to raise rentals or fill vacancies.
Property investments will gain appeal once interest rate cuts start to roll

Sep 12, 2024 | everythingproperty.co.za | Jane Mayne

From September this year, several central banks globally are expected to deliver their first interest rate cut in many years. US Federal Reserve Chair, Jerome Powell, was the latest to offer his blessing for the start of interest rate cuts, recently telling an audience of economists and policymakers that “the time has come for policy to adjust”. Cushman & Wakefield | BROLL provide an overview.
Bantry Bay trophy homes appeal to Ultra High Net Worth investors

Sep 11, 2024 | everythingproperty.co.za | Jane Mayne

The market for trophy homes – from purchasing methods to trend imperatives – is different for a variety of reasons, explains High Street Auctions Director Greg Dart. Notably, Ultra High Net Worth (UHNW) buyers are more resilient to cost-of-living-related pressure, the nature of global wealth, investment perspectives and potential returns. WORDS & PHOTOS: SUPPLIEDIn the world of real estate, not all properties are created equal.
World-class art exhibition @Sandton Hotel

Sep 11, 2024 | everythingproperty.co.za | Jane Mayne

The Take a Stand sculpture exhibition, which is part of the Rooftop XI series by The Viewing Room Gallery, is on view @Sandton Hotel in Johannesburg. The show runs until 31 December, 2024. WORDS & PHOTOS: SUPPLIEDCurated by Sammy Muller and Kutlwano Monyai, this year’s instalment invites guests to explore the theme of standing up—whether it’s for a cause, individuality, or simply the act of existing in the world with purpose and conviction.
Key factors for sellers to keep in mind

Sep 11, 2024 | everythingproperty.co.za | Jane Mayne

FNB’s latest Property Barometer Data (July 2024) indicates that the average time a home spent on the market in Q2 ’24 was 12 weeks and two-days – up from 10 weeks and six-days in Q1 ’24. With the increase in the time it takes to sell a home, Grant Smee, Managing Director of Only Realty Property Group, provides key factors for sellers to consider.
KZN Mid-South Coast readies for buyer influx as property makes a comeback

Sep 10, 2024 | everythingproperty.co.za | Jane Mayne

The KZN Mid-South Coast property market is improving with buyer enquiries spiking notably after the elections, this is according to Jo Giraudeau, manager for Seeff Mid-South Coast. Positivity is also building further on the back of a potential interest rate cut in September. WORDS & PHOTOS: SUPPLIEDAgents have noticed a lot of South African expats returning to the country, and enquiring about residential properties between Pennington and Clansthal.
Pros and cons of country living – wise up before you make the move | Everything Property

Sep 10, 2024 | everythingproperty.co.za | Jane Mayne

After the constrains of the pandemic, more people than ever are being drawn by the allure of open spaces, scenic surrounds, fresh air, and a slower pace of life, but rural living is different from city life and the transition to country living comes with its own set of challenges and surprises, says Yael Geffen, CEO of Lew Geffen Sotheby’s International Realty.