Author: Lauren

Economic Challenges & Strengthening Green Building

With rising operating costs and the economic slowdown in South Africa likely to have an impact on commercial property developments within the next few months, it is an opportune time for developers to explore the business case for green buildings further. That is the view of Ken Reynolds, regional executive Gauteng, Nedbank Corporate Property Finance.   He says that increasingly there are significant advantages to develop new buildings or redevelop existing buildings along green principles. “One of these is the reduction in operating costs that green buildings can deliver. Already, Nedbank has found that building or retrofitting properties using...

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Sale Agreements: Attention to Detail is Crucial

In property sale transactions, whether commercial or residential, property purchasers often opt to buy in a company rather than in their personal capacities. Whichever way one goes about it, it is strongly recommended that you consult with your conveyancer before signing the agreement, to avoid the pitfalls that often arise. In this regard it is important to give due consideration not only to the decision to buy in an entity, but also to clearly reflect the purchasing entity in the sale agreement. In the June 2013 judgment in Osborne v West Dunes Properties 167 (Pty) Ltd, a R 17...

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RICS Joins in on International Ethics Standards

Royal Institution of Chartered Surveyors joins global organisations in establishing International Ethics Standards. This week (21 to 24 October 2014), organisations from around the world are meeting at the United Nations (UN) in New York to discuss the creation of an international code of ethics for the real estate industry. The International Ethics Standards (IES) initiative seeks to create common ethical principles aimed at improving transparency and enhancing the value that property and built environment professionals can offer their clients. This is a significant development because the code will provide the global market with a set of standards that...

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SA Falls to 32nd Place for Ease of Obtaining a Loan

The release of the recent World Economic Forum’s Global Competitiveness report revealed that South Africa has fallen to 32nd place when it comes to the ease of obtaining a loan, down from 22nd last year. According to Gary Palmer, CEO of Paragon Lending Solutions, this is due to the tighter lending regulations which have been implemented by the banks as a result of growing economic stress and increased compliance requirements by the banks such as Basle III, National Credit Act and the Consumer Protection Act etc. Less Bank Loans, Less Business Palmer says that business owners are being negatively...

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Logitech Ultrathin Keyboard Cover for iPad mini

Available from: R1 247 Love it: For those on the go, the Apple iPad mini is one of the most useful gadgets you could have. The easy-to-use, lightweight tablet is making waves in the business world and very few are without one. However, typing long emails can be rather laborious and is trickier on the mini than on the larger iPads – enter the Logitech Ultrathin Keyboard specific for the iPad mini. Not only are you able to enjoy a comfortable typing experience, but the keyboard also protects your iPad mini’s screen. At 208g, the Ultrathin Keyboard mini weighs almost a...

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