BLOK’s Sea Point developments are winners based on position alone
Cape Town developer, Blok is enjoying substantial success with its micro and studio apartments which are located in developments which around the Atlantic Seaboard from Green Point to Sea Point, Bantry Bay and Fresnaye. I stayed in an apartment at Six on N, one of Blok’s Sea Point developments. It was a very clean and […]
Access Bank South Africa takes CFI’s best business banking solutions in SA 2022 title
Capital Finance International (CFI) has named Access Bank South Africa the Best Business Banking Solutions provider in South Africa for 2022. From time to time, Property Flash covers general business news which affects the real estate arena, general investors across South Africa and the country’s citizens. February 2 2023 Access Bank SA CEO Mrs Sugendhree […]
Maverick auctioneer survives and thrives in SA’s unpredictable waters
A review of It Takes a Tsunami by Alistair Anderson —————‐——–‐—————‐————————————– Rael Levitt’s story as told in It Takes a Tsunami, is incredibly entertaining and engaging. This maverick tells a tale through an autobiography which begins by recounting how he survived the tsunami in Phuket, Thailand and how this became a reminder to him that […]
Rolling blackouts are gambling with the futures of small businesses
Last week, an electricity substation exploded and I was without power for nearly three days. It made it very difficult to produce content for this site. It also made me think about how small businesses are being thrown into very difficult financial positions as they cannot trade for hours. Many young businesses are closing because […]
The idea that a wave of de-listings among property funds is on its way, holds little weight
Resilient Reit may have threatened to de-list but analysts don’t expect to see many real estate investment trusts (Reits) leaving the JSE any time soon. Reslient says it is battling to justify its listing costs against its ability to attract capital from investors. The company would be able to operate differently and with different levels […]
KZN let down by Tongaat’s former executive team
Tongaat’s former executive team held back the development potential of Durban and the larger KwaZulu-Natal (KZN) province. The alleged fraudulent acts at Tongaat Hulett by its former executives, have ruined a company that seemed to have years of history and integrity. Tongaat was founded 147 years ago and developed into one of South Africa’s largest […]
Sandton may never come right
Sandton, the business centre of South Africa may not actually reach its commercial heights last enjoyed before the pandemic, because brokers just can’t convince enough people to work in the hundreds of glass offices sprawled across the suburb. Depending on who you ask, the business centre and central suburb called Sandton is at least 35% […]
Hey South Africa, what is up with WeWork?
I recently watched the We Crashed Apple TV series based on the global shared workplace group WeWork and also read the book, Billion Dollar Loser. After, We Work’s official launch in 2010, we witnessed a crazy story of growth and good times. Maybe too many good times. While WeWork certainly has the largest global co-working […]