Weekly Newsletter
Friday, 07 July, 2006
Property Search | Estate Agents | List your property

Edition 27 of 2006, Friday, 07 July 2006

Dear Reader

As we head toward the final match this weekend lets take a closer look at soccer and its current impact. It is easy to identify industries that are pretty much guaranteed winners during tournaments. As this year's World Cup got into its stride, in England for example, sales of electronic goods jumped 19 percent over last year. Supermarkets reported huge rises in sales of beer, wine, and barbecue foods, and it was estimated that each of England's games would add more than $50 million to pub profits. Meanwhile, industry experts estimated that roughly $550 million extra would be spent on food- and beverage-related advertising during the Cup.

Now this makes one wonder… will real estate in South Africa be on the winners side or will it join the loosing team over the next few years?

People who are looking to rent residential property for the long-term are getting themselves trapped in an unavoidable situation, say analysts – Buying more popular than renting

Robert Kiyosaki, entrepreneur and renowned author of 'Rich Dad, Poor Dad', is betting on South Africa and a gold price of between $1000/oz and $1500/oz. Why? Well, because South Africa is the gateway to Africa, America is going down and George Bush is still president. World at six, July 03 – SA is the place to invest

Focus on Soweto, Gauteng, South Africa - Famous or notorious, Soweto is a former township from the times of Apartheid. Starting about 15 km away from the centre of Johannesburg, it comprises some 63 sq. km, where an estimated three million people live. Originally there were only temporary living quarters for the mine workers, before Soweto was declared a ghetto for the black population of Johannesburg by the infamous "Urban Areas Act" in 1923. Soweto is a city of contrasts: luxurious mansions across the road from tin shanties, green fields and streams around the corner from piles of garbage, the biggest public hospital in the world with the world's highest HIV infection rate, and a friendliness and cheerfulness that disguises a high unemployment rate, www.places.co.za

In its second year on the Johannesburg social calendar is the Heart of The Home Channel Charity Décor event. It provides those with a sense of style, as well as a social conscience with the opportunity to network, learn from décor, design, gardening and lifestyle experts about the latest trends to watch out for, have a classy lunch and improve the lives of Johannesburg's less privileged children. Read more about how you can be part of this event – Have Fun

Enjoy!
The editor

>> Real Estate News - Specialised property funds on the horizon

WITH the phenomenal growth experienced in the listed property sector over the past six years, there is likely to be diversification, with new types of property funds coming on to the market.

Listed property loan stock company Pangbourne, which has an industrial property focus, says its strategy is to create a specially focused office property fund either through a new listing or an existing listing...
>> Buying more popular than renting

People who are looking to rent residential property for the long-term are getting themselves trapped in an unavoidable situation, say analysts.

A recent survey by Statistics South Africa revealed that real estate companies were among those that had the most number of liquidations.

Out of all liquidations between January and May this year, 38 percent were in the financing, insurance, real estate and business services category...
>> Mall boom in Soweto

With research showing that much of Soweto's disposable income is spent outside the area, developers and retailers are ploughing investments into vibrant shopping malls catering for residents' every want.

SOWETO is experiencing a boom in shopping malls. A number of new upmarket shopping complexes are sprouting in the sprawling township and existing ones are getting a revamp, part of the township's "economic metamorphosis".

All this is in a bid to turn the township, established as a dormitory township mostly for the city's black migrant workers in the early 20th century, into a vibrant, self-contained shopping, entertainment and residential hub...
>> WORLD AT SIX, JULY 3 - SA is the place to invest

Robert Kiyosaki, entrepreneur and renowned author of 'Rich Dad, Poor Dad', is betting on South Africa and a gold price of between $1000/oz and $1500/oz. Why? Well, because South Africa is the gateway to Africa, America is going down and George Bush is still president...
>> Focus on Soweto, Gauteng, South Africa

Soweto is the most populous black urban residential area in the country, with Census 2001 putting its population at 896 995. Thanks to its proximity to Johannesburg, the economic hub of the country, it is also the most metropolitan township in the country - setting trends in politics, fashion, music, dance and language...

View Properties in Gauteng | View Properties in Soweto
>> Property of the week

Gauteng, Soweto, Diepkloof

Bedrooms: 4
Bathrooms: 3.5

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>> News from - Moneyweb

MONEYWEB: Well Rajhev Rajkumar is with us now. As the general manager of the PropertyGenie, interesting to hear South African Airways is going aggressively onto the Internet to do its business there. As you might have heard, the chief financial officer, Gareth Griffiths, is saying the new airline that they launch is only going to be taking bookings through the Internet and I suppose that wouldn’t surprise someone like you...
>> Have Fun – Charity Décor event

The Heart of The Home Channels’ 2nd Charity Décor event in aid of the Johannesburg Child Welfare Society

In its second year on the Johannesburg social calendar is the Heart of The Home Channel Charity Décor event. It provides those with a sense of style, as well as a social conscience with the opportunity to network, learn from décor, design, gardening and lifestyle experts about the latest trends to watch out for, have a classy lunch and improve the lives of Johannesburg's less privileged children. All of this and fun too!!!
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