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All South Africans, including the real estate sector, are following closely the latest news on the global and expected local economic impact following the rapid spread of the highly contagious novel coronavirus disease (COVID-19) across the globe.
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Why EWC in principle is problematic Expropriation without compensation (EWC), real estate investor funds and pension funds all tie together. Estienne de Klerk, chairman of the South African Real Estate Investment Trust Association (SAREIT) explains why EWC will not benefit those government intends to help.
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Speakers Corner As long as expropriation of property is not defined, there is no legal basis why government can’t claim more than land and buildings, so there is reason to be concerned writes Ian Badenhorst.
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Draft regulations on PPA out for comment One of the primary objectives with the Property Practitioners Act is to make South Africa’s property sector more accessible for black people. However, it is the regulations that will give effect to the Act. The Department of Human Settlements, Water and Sanitation (DHS) has just published the draft regulations for public comment.
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4 practical ways to keep the lights on As Eskom carries out critical maintenance on its failing units, South African landlords and facilities managers have to implement measures of their own to ensure energy security for their properties.
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