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<p>With the negative impact that Covid-19 has had on the property sector, there is an oversupply of vacant properties. The dynamics in the residential market are driving down rental prices, in what is now a tenant’s market. And according to the TPN Credit Bureau’s latest vacancy survey, Landlords have a more pessimistic perception of the market. Joining CNBC Africa to discuss the findings is Michelle Dickens, CEO at TPN Credit Bureau.</p>


TPN Credit Bureau: How the return-to-office is impacted by slow vaccination

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<p>Tomorrow is Youth Day in South Africa and over 43per cent of the country&#8217;s young people are unemployed. Well, a company called SAPIN suggests property is the answer to this problem.  They insist their plan will ensure that more black South Africans own land, and use their land to create generational wealth. Andrew Walker, CEO and Founder The SA Property Investors Network joins CNBC Africa for more.</p>


SAPIN CEO: Here’s how SA’s youth can be empowered to get into the property sector

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<p>The property sector has faced headwinds and uncertainty, caused by COVID-19. However, Growthpoint has decided to go ahead with a final dividend of 40c per share for the year to ended June. This is to meet requirements to retain its status as a Real Estate Investment Trust. The total dividend for the year will amount to 146 cents per share. And shareholders will be entitled to re-invest the net cash dividend, in return for Growthpoint shares. Growthpoint CEO, Estienne de Klerk joins CNBC Africa for more.</p>


Growthpoint re-investment of dividend: What are the tax implications?

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<p>The South African property sector is seeing the repo rate cut last week as the tool that is needed to set the industry on the road to recovery. According to industry experts there has been an uptick in first time home owners and new investors and joining CNBC Africa for more is Carl Coetzee, CEO of Betterbond and Andrew Golding, CEO of Pam Golding Property Group.</p>


SA repo rate at 3.5%: What does this mean for the property sector?

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<p>Mozambique is seen as a growth potential for investment opportunities, according to the International Monetary Fund its GDP is predicted at 5.5 per cent in 2020 and inflation projected to remain low, increasing slightly to 5 per cent at the end of the year. Ettiene Erasmus, Entrepreneur of Mozambique Property Developments &#038; Investments joins CNBC Africa for more.</p>


Positive economic growth prospects fuelling Mozambique property rush

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<p>Some parts of the property market are operating per usual during the current lock-down level 3, which has seen some movement in the sector but, is this enough for companies and consumers? Joining CNBC Africa to unpack the trends and an outlook of the property sector is Tim Akinnusi, Founder and CEO of Mortgage Market.</p>


Here’s how SA’s property market is faring amid the COVID-19 crisis

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<p>Retail, office and industrial tenants have been knocking on their landlord’s doors asking for rental discounts to weather the economic downturn of Covid-19. Landlords themselves have been asking for relief from their banks to protect their financial walls from the wrath of the pandemic. For more insight on the business of property in a Covid-19 world, CNBC Africa spoke with Norbet Sasse, CEO of SA’s largest landlord, Growthpoint Properties.</p>


How SA’s largest landlord is responding to COVID-19 shocks

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<p>Balwin Properties has followed in the steps of other property companies and has not declared a full year dividend due to uncertainty amid the Covid-19 crisis. Group revenue increased by 11 per cent whilst profit and headline earnings per share dropped by 9 and 8 per cent respectively. Balwin Properties CEO, Steve Brookes joins CNBC Africa for more.</p>


Balwin Properties CEO: Now is a good time to buy

Balwin Properties CEO: Now is a good time to buy, here’s why


<p>By Chris Bishop &nbsp;</p>



<p>He was the personable and avuncular hard worker who sweated his way to a fortune in a 40-year journey from the shop floor to the penthouse suite.</p>



<p>Marc Wainer, who has died aged 71, interviewed me on television, back in 2017,  for one of his pet projects – the Mentorship Challenge for CNBC Africa. I found him to be a polite and humble soul who was passionate about the quest to help others. The next time he spoke to me was to invite me to Poland with a South African delegation to help convince investors that South Africa was open for business.</p>



<p>“We need strong, credible, voices from the business world out there. We have to fight for the future of this country,” told me down the telephone with passion. Sadly, I could not make it.</p>



<p>It was a world away from where Wainer started his working life in the grocery and  fish shop owned by his parents, in Yeoville, in downtown Johannesburg. He went into property as a developer and investors and spent 40 years building Redefine Properties into a top 40 listed company on the Johannesburg Stock Exchange worth more than R100 billion.</p>



<p>Wainer was as astute deal maker and transformed Redefine Properties into a global REIT with interests in commercial property in  Poland, United Kingdom, Germany and Australia. He retired from the company in August.</p>



<p>“I am at a loss for words and deeply saddened by Marc’s passing away. He leaves a void in the lives of people in the entire property sector who did not escape his characteristic wit, infectious laughter and his genuine love and concern for those he worked with,” says Andrew Konig, the CEO of Redefine Properties.</p>



<p>“Marc was a true family man and our thoughts and prayers are with them during this difficult time. His passing away is also a huge loss to the sector and we will all miss his guidance and encouragement. Marc always said that people are the only thing that matter. Our tribute to him will be who we say we are and continue to grow the business he founded, and manage and create our spaces in a way that purposefully changes lives.”</p>



<p>Wainer’s wit was legendary and will recalled by most who met him. When once asked about how to make it in the property game he replied: “It is not rocket science, which is why we can do it. We don&#8217;t have MBAs, we have MBWAs &#8211; Management By Walking Around.&#8221;</p>



<p>Farewell the sage of simple common sense. &nbsp;</p>


Marc Wainer

From selling fish to a making a fortune in Africa – farewell the king of the property castle

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<p>South Africa’s property sector will be one of the hardest hit industries due the COVID-19 pandemic and lock-down regulations. Consumers are currently facing unemployment and a financial strain on their livelihoods amid the COVID-19 crisis and the housing market will not only experience a decline in prices but also sale volumes. Joining CNBC Africa to unpack what this will mean on the forefront of the property sector is Steve Brookes, CEO of Balwin Properties, Carl van den Berg, Business Development Executive at Private Property and Michelle Dickens, Managing Director and Founder of Tenant Profile Network.</p>


COVID-19 & Rent: What the lock-down means for landlords and tenants

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<p>South Africa’s worst performing asset class in 2019 was once again the property sector. This was despite the Real Estate Investment Trust (REIT) sector recovering to modest growth after it fell by 25 per cent in 2018. Keillen Ndlovu, Head of Listed Property Funds at Stanlib joins CNBC Africa for more on what lies ahead for the sector in 2020.</p>


Challenges faced by REIT sector and solutions to overcome them in 2020

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<p>Tower Property Fund reported an operating profit of R310 million, down 18 per cent from the previous year. The fund says sluggish SA growth negatively impacted their earnings, especially in their office and retail rental operations. Tower Property Fund CEO, Marc Edwards joins CNBC Africa for more.</p>


Tower Property Fund CEO: Where we are seeing some green shoots in SA’s property market

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<p>Redefine Properties’ share price was flat after revealing that it increased its interim distribution below inflation by 4 per cent to 49.2 cents.  The property group expects the full year distribution to be similar to first half growth of 4 per cent subject to conditions not deteriorating any further than they already have. Redefine CEO, Andrew Konig joins CNBC Africa for more.</p>


Redefine CEO: What the property sector is looking for after SA’s elections

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<p>The local real estate market has had a bleak outlook on the back of the strained South African economic backdrop. But the solution for investors may lie in the Global real estate market which has outperformed South African equities, bonds and listed property. Investors can get the opportunity to be exposed to developed market economies with healthy growth compared to the dismal results in the South African property sector. Fairtree Property Portfolio Managers Rob Hart and Ryan Cloete join CNBC Africa for more.</p>


Global real estate market an esteemed alternative for SA investors

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<p>The property sector in Zimbabwe remains buoyant, despite an economic crunch and currency shortages. Batanai Matsika, Head of Research at Morgan &#038; Co, spoke to CNBC Africa’s Kopano Gumbi about why they remain optimistic about the sector.</p>


Property sector still a good investment in Zimbabwe – Analyst

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<p>CNBC Africa is joined by Paul-Roux de Kock, Analytics Director at Lightstone. Lightstone put together a report about the possible outcomes for South Africa&#8217;s property sector in three plausible political scenarios.</p>


Lightstone: Markets expect positive economic turnaround post-election

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<p>While listed property on the JSE had one of its worst years, falling almost 30 per cent, investors who invest in German business Sirius Real Estate may experience a different story should there be an influx of British companies into Germany post Brexit. Andrew Coombs, Chief Executive Officer of Sirius Real Estate discusses this and how if you invested in the company when it debut on the JSE four years ago you would have almost doubled you money.</p>


property sector

TPN Credit Bureau: How the return-to-office is impacted by slow vaccination

SAPIN CEO: Here’s how SA’s youth can be empowered to get into the property sector

Growthpoint re-investment of dividend: What are the tax implications?

SA repo rate at 3.5%: What does this mean for the property sector?

Positive economic growth prospects fuelling Mozambique property rush

Here’s how SA’s property market is faring amid the COVID-19 crisis

How SA’s largest landlord is responding to COVID-19 shocks

Balwin Properties CEO: Now is a good time to buy, here’s why

From selling fish to a making a fortune in Africa – farewell the king of the property castle

COVID-19 & Rent: What the lock-down means for landlords and tenants

Challenges faced by REIT sector and solutions to overcome them in 2020

Tower Property Fund CEO: Where we are seeing some green shoots in SA’s property market

Redefine CEO: What the property sector is looking for after SA’s elections

Global real estate market an esteemed alternative for SA investors

Property sector still a good investment in Zimbabwe – Analyst

Lightstone: Markets expect positive economic turnaround post-election

How Brexit could benefit this JSE-listed property company

News Tips

Advertise With Us

property sector

TPN Credit Bureau: How the return-to-office is impacted by slow vaccination

SAPIN CEO: Here’s how SA’s youth can be empowered to get into the property sector

Growthpoint re-investment of dividend: What are the tax implications?

SA repo rate at 3.5%: What does this mean for the property sector?

Positive economic growth prospects fuelling Mozambique property rush

Here’s how SA’s property market is faring amid the COVID-19 crisis

How SA’s largest landlord is responding to COVID-19 shocks

Balwin Properties CEO: Now is a good time to buy, here’s why

From selling fish to a making a fortune in Africa – farewell the king of the property castle

COVID-19 & Rent: What the lock-down means for landlords and tenants

Challenges faced by REIT sector and solutions to overcome them in 2020

Tower Property Fund CEO: Where we are seeing some green shoots in SA’s property market

Redefine CEO: What the property sector is looking for after SA’s elections

Global real estate market an esteemed alternative for SA investors

Property sector still a good investment in Zimbabwe – Analyst

Lightstone: Markets expect positive economic turnaround post-election

How Brexit could benefit this JSE-listed property company

News Tips

Advertise With Us

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