African Real Estate Archives - AfricaBusiness.com

6Oct

By Africa BusinessNo Comments

Business, South Africa News

Cape Town’s rise as an international investment destination

The Charlotte: Embodying Cape Town's transformation into a world-class investment destination Cape Town, long celebrated for its breathtaking landscapes and vibrant culture, is rapidly emerging as a powerhouse in the global investment arena. The city's ascent is not merely a testament to its natural beauty but a reflection of strategic urban development, economic resilience, and a forward-thinking approach to international business and tourism. The recent accolades bestowed upon Cape Town - including the Best Destination in Africa in 2023 and second place in the 50 Best Cities in the World to Visit[1] - are more than just tourism honours, and signify a city that has successfully positioned itself at the intersection of lifestyle and investment opportunity. This dual appeal is driving a s...

24Sep

By Africa BusinessNo Comments

Real Estate

Key Insights at the 15th Annual Africa Property Investment (API) Summit

The 15th Annual Africa Property Investment (API) Summit concluded last week Friday on a high note, offering deep insights into the transformative power of technology within the real estate sector. Among the standout sessions was the panel discussion titled "TECH IN REAL ESTATE: Top-Down Influence: How Technology is Influencing Listed and Private Real Estate," which featured industry leaders exploring the intersection of technology and property services. The panel, facilitated by Phil Barttram (Director of Pooled Data Services), included esteemed speakers such as Imogen Mantel (Head of Analysis, Liberty Two Degrees), Waldo Marcus (Industry Principal, MRI Software), Gary Goliath (Innovation Lead, Quoin Technologies), and Malcolm Horne (Group CEO, Broll Property Group). Together, they discus...

31Jul

By Africa BusinessNo Comments

Real Estate

African Market Disruption – Trends Shaping the Future of Real Estate

Cape Town, Wednesday, 31 July 2024 - Malcolm Horne, Group CEO of Broll Property Group, shared the stage at the annual SACSC (South African Council of Shopping Centres) Congress in a panel discussion alongside Matt Clark, Head of EMEA Retail at AlixPartners, and Mike Coppin, Director & Co-Owner of Food Lover’s Market. The panel explored the latest trends and innovations shaping the retail and real estate sectors, with Horne highlighting Broll's strategic initiatives in disrupting the market. Innovating with Technology "Our focus has always been on staying ahead of market trends by integrating cutting-edge technology into our operations," said Horne. "We utilise advanced data analytics and AI to provide our clients with actionable insights, allowing them to make informed decisions and ...

23Apr

By Africa BusinessNo Comments

Real Estate, South Africa News

Increased competition and bond switching set to shake up the SA property market

As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home loan terms to attract customers. This environment has given rise to a practice widely adopted in the UK but is yet to reach a tipping point in South Africa: bond switching. Clive Bredenkamp, IT Executive at Proptech specialist e4, explains the potential shifts: “The property market is inherently sensitive to interest rate changes. While the rates are currently only marginally higher than in 2019, the market’s response to the current interest rate has been disproportionately severe due to the very low rates we experienced during the pandemic. However, with new players entering the market and offering up to a 1% discount on interest rates...

25Jan

By Africa BusinessNo Comments

Real Estate, South Africa News

Proptech trends on the horizon

Proptech is reshaping the real estate industry, with technological innovation continuously improving value creation for all stakeholders, generating efficiencies, improving transparency, and further refining the user experience. As in any industry, it’s essential for businesses and consumers to understand and utilise these shifts to guide their decisions and movements going forward. Andrea Carr, Head (R&D) at leading proptech company e4, says these are the trends that will influence the industry in 2024 and beyond: Smart contracts: The real estate industry has long been plagued by inefficiencies, lack of transparency, and high transaction costs, says Carr, but blockchain technology is changing this. “Blockchain technology and smart contract development is revolutionising the way th...

5Sep

By Africa BusinessNo Comments

Events, Real Estate, South Africa News, Tech

Dynamic conversations propel the future of work and real estate at Envision forum in Cape Town

The Zeitz Museum of Contemporary Art Africa at the V&A Waterfront was the centre point for discussions around the intersection of work, real estate, and technology on 30 August as JLL, the international real estate advisory company and leading design and build company, Tétris Design x Build hosted the landmark Envision, High Performance Real Estate and Workplaces forum. The event highlighted the evolving landscape of workplace strategy, corporate real estate technology, and the future of cities in a post-pandemic world. The choice of Cape Town for the forum was a nod to an example of what a city can achieve through of resilience and innovation. “The complex issue of how to go about using technological advances, data and research about how people function at their best, and how busines...

28Oct

By Africa BusinessNo Comments

Events, Real Estate, South Africa News

JLL and Tétris Design and Build join forces to promote the growth of sustainable buildings

Organisations now see this as a critical decade for real progress to be made in decarbonising the built environment, according to JLL Global Research, requiring real estate to make complex changes in what will be a critical shift for the industry Sustainability is no longer just a buzzword. Climate change is the defining crisis of our time and there is a notable rise in public concern about this looming disaster. Sixty-four percent of people believe climate change is a global emergency, according to a recent survey by the United Nations Development Programme and Oxford University. With over half the world’s population believing the crisis requires urgent action, and 73% of investors saying that green strategies drive higher occupancy and higher rents, it is clear that the future of th...