Politics and money will have major influence over property in 2015

For residential property, 2014 has been a reasonable year that has seen an exceptional demand for sectional title properties from both investors and tenants, says Chris Renecle, MD of Renprop. “New developments have launched to sell out success in key areas throughout Johannesburg’s northern suburbs, and pent up demand in certain suburbs is expected to continue into the first half of 2015.”

Create wealth in a business through purchasing commercial property

Typically in the commercial property space, there are two main types of buyers: fund or portfolio buyers, and entrepreneurs. Entrepreneurs are divided into two buyer profiles - those who either want to let the space out and use it to build their own property portfolio with the ultimate aim of becoming a property fund or portfolio in the future or those who are looking for commercial space to accommodate their own businesses.

Types of commercial properties purchased

Executive apartment offering for the corporate market launches

The Corporate Apartment Group, in partnership with Renprop – one of South Africa’s largest residential housing providers, is taking a specialised approach to the executive apartment market. The offering will include a selection of serviced and furnished executive suites in Johannesburg for both short and long stay requirements.

Pages

Subscribe to Residential, Commercial and Property Management in Johannesburg