Friday, November 22African Digital Business Magazine

Tag: real estate

Real Estate

Creating smart homes with the power of security: Introducing the C6N and C1C-B

Since 2013, EZVIZ has dedicated itself to creating smarter and safer homes, making it convenient for users to access and get the best use out of high-tech intelligent devices. These unique security cameras provide families with protection and peace of mind when they travel away from home. They’re also super convenient when it comes to accessing home security and checking on pets who are at home without company. The C6N and C1C-B cameras are just two of the many EZVIZ products that drive safety and security in smart homes. The C6N uses a smart IR function that features advanced infrared lighting to capture more details in low light. With the motion pan-tilted rotational feature, it is able to cover 360 degrees, making it easier for the user to have a full view of their monitored space. Whe...
Real Estate

Top 10 Real Estate Terms to Become Aware Of

The real estate world is filled with an abundance of terminologies and other jargon that can easily complicate the already convoluted process of buying and selling property. Regardless if you live in the United States, Canada, or Singapore, you need to brush up on your real estate vocabulary and become familiarized with some of the most common terms in the industry. We've compiled a list to create a resource you can use to become more aware of some real estate terms. 1) Warranty Deed When it comes to answering the question, "What is a warranty deed," warranty deeds are documents that are signed between the seller and buyer. The deed helps to protect the buyer as it pledges that the seller has a clear title for the property and that there aren't any liens or mortgages against said property....
Interview, Real Estate, South Africa News

Outlook for Cape Town property landscape – Where to invest

“As we end 2019, and reflect on some of the highlights, it’s heartening to note that banks were lending up to 105% and aggressively competing for business – to this end the sentiment was that this was a bullish move by the banks and likely to have been based on a sense that the market had bottomed out and that there is confidence in a market comeback in the future,” says Mike Greeff, CEO of Greeff Christie’s International Real Estate. “The repo rate was decreased and remained there, which we in the industry welcomed,” he adds. Greeff says that sentiment improved post election, and adds that Greeff Christie’s International Real Estate experienced a significant uptick in buyer activity. “Currently there is a noticeable increase in buyer interest and this has been the case following the Rugby...
How Industry 4.0 tools can aid property development
Real Estate, South Africa News

How Industry 4.0 tools can aid property development

The property sector has a great knack for changing with the times. When the internet boomed almost twenty years ago, property development companies quickly integrated it into their services.  We have evolved and are thriving in this digital space. Auctioneering, in particular, has seen vast changes online, from merely posting properties up for auction to platforms such as our new Broll Auctions Online Platform that we launched earlier this year, whereby bids can take place in real-time. Today, we are facing different beasts, that of artificial intelligence, big data automation, virtual reality and the Internet of Things. And we would be wise to integrate these emerging technologies sooner rather than later. Just how these technologies will change property auctioneering is uncertain. But it...
Kenya News, Main, Real Estate

OpEd: Affordable housing requires a new shape for the mortgage industry

By Johnstone Oltetia, Interim CEO Kenya Mortgage Refinance Company (KMRC) There are two essential parts to achieving affordable housing: building decent, low-cost homes, and developing a housing finance market that enables low-income earners to buy those homes. For, without finance, almost no home price is low enough to be affordable on an average salary. For this reason, the mortgage market has been growing. Housing loans have risen more than ten-fold since 2006, from 1,278 loans valued at Sh19m 12 years ago to 24,458 loans valued at Sh203.3bn by 2015, according to the Central Bank of Kenya (CBK). But the market still remains tiny when compared with other nations. In Tanzania and Uganda, the mortgage loan value is under 2.5 per cent GDP while in Kenya stands at 3.15 per cent of GDP by 201...
Improved housing doubles in Sub-Saharan Africa
African News, Botswana News, Gabon News, Main, Real Estate, Tanzania News, Zimbabwe News

Improved housing doubles in Sub-Saharan Africa

A new study led by the London School of Hygiene & Tropical Medicine, Imperial College London and Malaria Atlas Project, University of Oxford has revealed that improved housing had doubled on the African continent between 2000 and 2015. The study published in the “Nature International Journal of Science” is the first accurate estimate of urban and rural housing quality in sub-Saharan Africa and was done using state-of-the-art mapping. While highlighting the positive transformation in the region, the prevalence of improved housing doubling from 11% in 2000 to 23% in 2015, the study also estimates that 53 million urban Africans (in the countries analyzed) still lived in slum conditions in 2015. Lead author Dr. Lucy Tusting, from the London School of Hygiene & Tropical Medicine who co...
African News, South Africa News

Affordable housing rental market looks increasingly attractive

  The South African residential market offers an attractive opportunity in the affordable housing rental segment largely driven by low and middle income earners who do not qualify for bonds and increased demand for housing located closer to areas of economic opportunity. Gerhard Zeelie, Head Real Estate Finance (Residential) at Standard Bank South Africa, says: "Investors who select good locations, efficiently manage their assets and look after their tenants can reap good returns from affordable housing rentals. Rentals in the affordable housing rental market can typically offer returns of between 8.5% and 9% after tax, assuming conservative gearing and taking moderate capital ...
Energy, Green Energy

Report From ULI Greenprint Center for Building Performance Suggests Progress In Reducing Carbon Emissions And Improving Energy Efficiency Of Investment Properties

  DENVER, Oct. 17, 2012 /PRNewswire-USNewswire/ -- A just-published report from the Urban Land Institute (ULI) Greenprint Center for Building Performance suggests that progress is being made within the real estate industry to reduce energy consumption and carbon emissions for individual properties and portfolios. (Logo: http://photos.prnewswire.com/prnh/20100310/ULILOGO ) Volume 3 of the Greenprint Performance Report™, released today at ULI's Fall Meeting in Denver, includes building performance data on 2,703 property submissions representing 65 million square meters (700 million square feet) in 46 countries. The property data was submitted to the Greenprint Center by its 29 members and 12 affiliated participants, who comprise a worldwide alliance of leading real estate owners, inv...
Africa Travel, African News

Manama Hotels Top List of Global Revenue Earners

Ernst & Young Reports Bahrain Hotels Top List of Largest Increase in Revenue per Available Room MANAMA, Bahrain, July 12, 2012 /PRNewswire-USNewswire/ -- Bahrain's hotel industry tops list of global revenue earners in the Middle East/North Africa region according to the latest report issued by Ernst & Young. Hotels in Manama reported a 52.1 percent increase in revenue per available room (RevPAR) for the first five months of 2012 as reported by Ernst & Young's Middle East Hotel Benchmark Survey for May 2012. Manama hotels also saw sustained increased in occupancy rates at 14 percent growth. This growth signals sustained growth during the peak vacation season in the Middle East. According to GulfNews.com, partner and head of MENA transaction real estate at Ernst & Young, Yous...
African News

Yet Another Recognition: Dr. Naseer Homoud Among Top 100 in Construction Sector of the Arab World

Recognizing immense standing in the construction and real estate sector, Dr. Naseer Homoud, a renowned philanthropist and business leader, has been placed at 84th position of 100 Most Powerful in Gulf Construction as unveiled by Construction Week’s annual Power 100 listing. Doha, Qatar, July 09, 2012 --(PR.com)-- Being part of the List, Dr Naseer Homoud rubs shoulders with giants of the construction and real estate industry including Bakr Bin Ladin, chairman of the Saudi Bin Ladin Group (SBG), Said T. Khoury, chairman and president of Consolidated Contractors Company (CCC), and the Arabtec chairman Riad Kamal. Dr. Homoud was recently ranked at 53rd position among the 500 most powerful Arabs from the globe. The list, better known as the Arabian Business Power List features Arabs living in 3...