Private sector records 11.9% decline in building plans
According to the research, the value of buildings reported as completed in the period under review dropped by 19% to R41.4 billion.
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According to the research, the value of buildings reported as completed in the period under review dropped by 19% to R41.4 billion.
Sapoa is concerned about Johannesburg's infrastructural challenges, and has stepped up to provide expertise.
Sapoa and Calgro M3 launch separate high court applications.
As the energy crisis in the country incrementally worsens, the ramifications are considerable for property owners, who are having to resort to various options to limit the impact of prolonged periods of outages, future-proof their assets and ensure business continuity. However, this is not enough to contain the fallout, and property owners are also calling for efforts to be bolstered, through other solutions, to resolve the energy challenges.
Magnus Heystek of Brenthurst Wealth gives insight into the listed property sector in South Africa - an asset class to reconsider.