Property Firms urged to get familiar with REITs Regime before making a move
Anomalies in the new South African Real Estate Investment Trusts (REITs) regime could result in unforseen Tax Implications for the listed property sector.
View ArticleImpressive milestones await SAPOA’s new President
SAPOA is to deal with an increasingly complex regulatory environment, and currently, there’s around 50 proposed pieces of legislation on the table that will directly or indirectly affect SA’s...
View ArticleSAPOA wins appeal over illegal land uses in Polokwane
The South African Property Owners Association (SAPOA) on Thursday reported that it had won its appeal against illegal land uses in Limpopo's capital city, Polokwane.
View ArticleInfrastructure Development Bill Introduced
A proposed law meant to fast-track the implementation of the government's infrastructure development plan was introduced in the National Assembly by Economic Development Minister Ebrahim Patel on...
View ArticleHigher Municipal rates deter SA’s Commercial Property upturn
The continued rise of municipal rates and taxes in the South African Commercial Property sector is worrying property service companies, as it is exerting strain on business and the economy.
View ArticleInvestigation begins Into Tongaat Mall Collapse
A commission of inquiry investigators have begun examining events leading to the collapse of the Tongaat Shopping Mall, North of Durban in KwaZulu-Natal, killing one person and injured dozens.
View ArticleMunicipal property rates and taxes under scrutiny
SA property owners are up in arms over municipal rates and taxes increases throughout South Africa, questioning the legality of rate hikes charged to landlords in accordance with the law.
View ArticleImpaired credit history set for cleanup at Bureaus
According to Trade and Industry Minister Rob Davies, local consumers with paid-up judgments at credit bureaus are set to have their adverse records removed starting on April 1, 2014.
View ArticlePublic Works violated SA's Constitution on Nkandla says Madonsela
Public Protector Thuli Madonsela delivered her report on President Jacob Zuma's Nkandla residence, saying him and his family unduly benefited from the upgrades made by an estimated R246 million.
View ArticleCredit amnesty to affect SA Property Market
This month saw credit amnesty come into effect, which will essentially ensure that certain negative financial information is removed from consumer's credit records at credit bureaus.
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