Learn how to Create Wealth through investing in property
In the excitement and euphoria of buying or selling a property it’s easy to forget that there is more to the process of merely getting the bond or approving the buyer or arranging an occupation date.
A combination of factors in Mpumalanga such as new mines and power stations, annual shutdowns and an influx of contractual workers are causing an unprecedented demand for accommodation and especially rental accommodation in towns like Secunda, Witbank andMiddelburg.
Fountainhead Property Trust has agreed to sell to Redefine Properties all of its assets, including the Fountainhead property portfolio, in exchange for 82 Redefine shares for every 100 Fountainhead units held.
The Cape Quarter, the flagship property within the Tower Property Fund portfolio, has recently undergone a lighting retrofit as part of a greening transformation planned for the centre.
HCI will by default bolster its large stake in Tsogo Sun after SABMiller confirmed a decision to disinvest from the gaming and hotels group.