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  After successful hearings in Limpopo, North West and Mpumalanga, Gauteng has now launched public hearings on the expropriation bill.  propertyfinder qatar Zwelivelile. 260 A four-day public consultation program was resumed in Gauteng on Thursday in order to gather public input on the expropriation bill. The first stage of the Gauteng hearings is hosted on Friday by the Tshwane Metropolitan Municipality at Bronkhorstspruit Sports Centre, followed by Orange Farm Fine Town's Johannesburg Multipurpose Center on Friday. The hearings will take place on Saturday at the Chief Mogale Community Hall in Kagiso, Mogale Municipality. The Committee will conclude its program in the province by public hearings on Sunday at the Germiston City Hall in the Ekurhuleni Metropolitan Municipality. The Expropriation Bill aims to provide for the expropriation of property for public or public purposes and to provide for certain instances where the expropriation may be appropriate without co...

  In 2021, demand for holiday homes at less than R2 million is forecast to remain "very lively," so Gerhard Kotzé, Managing Director of the RealNet real-estate agency group. This demand is supported by a large number of first-time purchasers and repeat purchasers from more expensive properties, he said.  properties for sale "However, in the light of growing concern about labor stability, we can see the actual number of transactions in this bracket start slowing as the banks start lending more cautiously. "We already have the number of bond approvals dropping from the July and August 2020 highs and fewer subsidies for 100 percent home lending. Particularly worrying is the potential for large-scale restraints this year for large private sector companies and the public sector. 'Therefore, we expect price growth and possibly even real price growth (after inflation) this year on the R2m market due to constantly tightening inventory constraints, especially on ...

  Business rentals are not fading; rates and taxes are fading. In this weak economic environment they are rising bizarrely and this continued increase is unsustainable for the immobilizing industry," Estienne de Klerk, CEO of Growthpoint Properties and Chair of the South African Real Estate Investment Trusts (SAREIT), said in a website in the Think Big series of PSG today. The perception that commercial property is overpriced and that Covid-19's over supply results in a slump in rent yields is a trap of over-simplification.  property for sale in qatar He said property rentals in South Africa are very competitive, especially compared to other parts of the world. An office near the amazing Cape coastline or any of the South African major office nodes would have far higher rentals elsewhere in the world in a similar setting. However, the competitiveness of South Africa as investment destination will be seriously eroded if the threats of land expropriation continue or come to ...

  According to research published today in Cushman & Wakefield's annual Office Space Across the World worldwide rankings, London's West End is the world's most expensive office market for the third year in a row, keeping its position ahead of runner-up Hong Kong.  propertyfinder qatar Prime rentals in London's West End have increased by 4.6 percent this year, but remain 13 percent below their 2007 peak. However, with low supply and scheduled new completions in 2015, more positive rental growth is expected. For the third year in a row, London remains the most expensive office market in the world. For the second year in a row, Hong Kong is ranked second. New York completes the top three, climbing two spots. In the 12 months leading up to December 2014, global rents increased by 7%. George Roberts, the head of London markets at Cushman & Wakefield, stated, "With a truly global appeal, London continues to draw significant international corporations ...

  According to CBRE, Asian outbound commercial real estate investment hit new highs last year. According to CBRE, Asian outbound real estate investment totaled $40 billion, up 23 percent year over year.  properties for sale Over the course of the year, new investor types emerged, including Chinese insurance firms and Chinese property corporations, which boosted capital deployment into real estate. As investors explore beyond traditional gateway markets, investment techniques have begun to change. In 2013, 60 percent of outbound investment went to five worldwide investment destinations, while that number dropped to 39 percent in 2014. In 2014, Paris in Continental Europe, as well as Los Angeles, San Francisco, and Washington in the United States, were notable benefactors of this trend. In terms of asset classifications, Asian cross-border real estate investors began to diversify, investing increasingly in hotels and industrial, albeit office remained the most popular. E...

  According to CBRE, Asian investment in European hotels would exceed $22.7 billion in 2015, owing to the loosening of domestic limitations on outbound investment.  property for sale in qatar In 2014, Asian hotel real estate acquisitions in Europe increased by 90% year over year and by 20% internationally. Due to a lack of investable stock in domestic markets, CBRE predicts a 58 percent increase in hotel acquisitions by Asian investors in Europe this year. CBRE Hotels Asia Pacific Executive Managing Director Arthur Buser remarked, "Due to rigorous rules, particularly around offshore assets, Asian institutional funds are often under-allocated to real estate. The majority of their international investments are in liquid assets including stocks, cash, fixed income, and government bonds. This is beginning to change, as China, South Korea, Taiwan, and other governments have begun to enable abroad direct investments, bigger real estate allocations, and a streamlined clearance pr...

The European property investment market had a good start to 2013, with a 77 percent increase in the volume of acquisitions in the industrial sector compared to the previous year.  propertyfinder qatar According to fresh data from Cushman & Wakefield, the European commercial market had an investment volume of €32.7 billion in the first quarter of 2013, up 15.7 percent from the previous year. At the end of the first quarter, the EMEA market had yearly volumes of €136.7 billion, up 4.4 percent over the previous year, thanks to greater debt and equity in the market. According to the firm, the industrial market helped lead the way, with its share of the market rising from 8% in 2012 to 11.4 percent in 2013, the largest since 2010. Deals in Central Europe, France, Germany, and the Netherlands, in particular, aided this, according to Cushman & Wakefield. "However, investors are taking a more favorable view of the sector in general, since it is seen as a potential winner from the ...

Build-to-suit and owner-occupied developments are driving development activity in Europe's main logistics markets to its greatest level since the downturn in 2008.  properties for sale According to a new analysis by Jones Lang LaSalle, more than one-third of the seven million square meters of new logistics space under construction in Europe is being built by owner-occupiers, with 55 percent of the development pipeline already pre-let. The new construction plan runs counter to the speculative trend that occurred prior to 2008, when markets resulted in a rise in unsold inventory. According to JLL's Philip Marsden, "speculative development accounts for around 10% of all development — slightly more than 700,000 square meters at the start of current quarter." "More than half of this space — roughly 400,000 square meters — is concentrated in the Moscow and St. Petersburg areas, where vacancy rates are near nil." According to the analysis, the overall net effect on...

HafenCity, Europe's largest inner-city development project in Hamburg, has achieved the halfway point of its 23-year construction schedule . property for sale in qatar According to Jürgen Bruns-Berentelg, chief executive of HafenCity Hamburg GmbH, 56 projects have been finished in the development, which is located on a 157-acre waterfront property beside the Elbe, and another 46 are under construction or planned. A total investment of €8 billion in private money and €2.4 billion in governmental monies is expected. In various ways, HafenCity stands apart from other rehabilitation efforts. Because of its central location, HafenCity is only 800 meters from Hamburg's town hall, unlike Docklands in London, which is six miles from the city center. Second, HafenCity is a true mixed-use project. The project, which is expected to be completed in 2025, will include 45,000 employment and 6,000 residential units, with a functional mix of 50% workspace, 30% residential, and 20% dedicated to...