Tag: demvco group

COVID-19: Demvco sees R75mn in sales during lock-down

Markets like Tower Property Fund, Investec Property Fund and Balwin Property all show improved trading on the JSE listing. Entering from the left wing is the Demvco Group, a real estate group selling premium luxury real estates on the KZN’s North Coast. Demvco has seen R75 million in sales during lock-down. Is this a sign that property investment is growing? If so, does the low interest rate play a role? Charles Thompson, Director of Devmco Group joins CNBC Africa for more.
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