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05 July 2013

 
FROM THE EDITOR

South Africa’s currency weakened 0.5 percent to 9.9256 per dollar as of 01 July 2013 at 11:47 a.m. in Johannesburg. That is after two gauges of China’s manufacturing fell in June, underscoring a sustained slowdown in the world’s second-biggest economy as policy makers seek to rein in financial speculation and real-estate prices. Continues reading on Rand Falls 1st Day in 3 as China Slowdown Dims Export Prospects

When it comes to applying for a Bond, a basic understanding of the process and the criteria helps a great deal. Find out more on Bond originators will help get home loans

Are real estate qualifications a hinderance? Read a self titled article below to find out how the property industry contributes to the South Africa’s GDP.

June proved a bumper month for green building certifications with a total of six new buildings receiving a Green Star SA rating from the Green Building Council South Africa. Read Escalation of Green Star SA ratings in month of June for more info.

This week we turn our Focus On Louis Trichardt in Limpopo. Did you know that the Makhado Municipality in Louis Trichardt has twining agreements that arrange relationships with cities in Zimbabwe, Kenya, the Municipal Government of Dan Dong city, in the People's Republic of China?

Enjoy!
The editor

In This Issue
Property of the Week

Louis Trichardt Limpopo - South Africa
Top class finishes with breathtaking views are part of this perfect 570 sqm home


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News

Rand Falls 1st Day in 3 as China Slowdown Dims Export Prospects
The rand declined for the first time in three days as evidence of an economic slowdown in China, South Africa’s biggest trading partner, dimmed export prospects...

Listed property sector regains ground

South Africa’s listed property sector surged 8.2% during the week that ended on 28 June 2013, on the back of lower bond yields, a stronger Rand and some quarter-end window dressing...


South African Property Fund primed to seize opportunities in Europe

Incorporated in Bermuda in October last year and listed on the BSX in March, GoGlobal Properties is a new property fund exported from South Africa getting ready to seize opportunities in Europe...


Deals of the day - mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday, 27 June 2013...

How today's interest rate affects the market

While there have been a few negative economic aspects that have resulted from the recession, not all has been doom and gloom, says Adrian Goslett, CEO of RE/MAX of Southern Africa...


South Africa urges Indian cos to invest
Kolkata, July 4 (IBNS) A 12-member Confederation of Indian Industry (CII) Eastern Region delegation said it received quite a number of requests from South African business leaders to persuade Indian companies to set up base in South Africa and invest in a range of sectors...

Nigeria Has Real-Estate Potential—and Challenges
In some ways, Nigeria looks like a real-estate investor’s dream...

Malta on SA radars
Owning a leisure pad in a sought-after sun- or snowbelt appears to have lost none of its allure for the super rich...

Emira granted REIT status by JSE

Emira Property Fund has been granted REIT (Real Estate Investment Trust) status by the Johannesburg Stock Exchange (JSE) effective from 01/07/2013 ...


Turkey’s Real Estate Boom Could Hit a Wall
Turkey’s raging real estate boom, visible in the ever-soaring skyline, may be poised to hit a wall as consumer demand crumbles on the back of dual blows from domestic unrest and the broad-based emerging market selloff...

Taking worldwide enterprise development to heart

For the FY13/FY14, Tivvit Solutions, a Proudly South African and BEE registered company has identified the South African Forum For Real Estate [SAFRE Group], as a potential enterprise that can develop into a sustainable business...


Bond originators will help get home loans
Many people who apply for bonds do not know the full process involved nor do they have a full understanding of the banks’ lending criteria and why they are so stringent...

Buying new or second hand property? Which is the best strategy?
When deciding to buy a home, particularly if the buyer has chosen the option of a unit in an estate, there is usually the first choice of whether to buy a new home directly from a developer or to buy an existing second hand one...

Trusts have a place but must be set up properly

Although it was very popular in the past to put properties into a trust to ring-fence them against high transaction costs, with the impact of Capital Gains Tax now imposed, it has become a less sought after vehicle in which to own property....


Factors that can influence a property's value

According to research, it only takes a potential buyer a few minutes to decide whether they like a property or not...


Consumers have the right to ask for certification

When buying or selling a property, any person involved in the transaction has the right to ask the estate agent whether they have a valid Fidelity Fund Certificate...


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Focus On

Louis Trichardt, Limpopo - South Africa

Makhado Municipality was first established on the 31st October 1934 as the Louis Trichardt Town Council. With the new municipal demarcations, a number of municipalities were established in 1997...

>> View properties in Louis Trichardt


Property News Continue

Are real estate qualifications a hinderance?

With the property industry representing approximately 8% of South Africa’s GDP, this creates a huge employment opportunity for school or college leavers, which is not being taken advantage of in the way it should be...


Rentals course

As a letting agent, it is important to be completely au fait with the Rental Housing Act and the legal interpretation of it, as well as the practical day to day aspects of rental management...


Advanced residential rental course

Following on from their residential rentals course on the 10 and 11th July, the Institute of Estate Agents will be running an advanced course, presented by Vivien Marks, on the 12 July from 9:30am to 2:30pm, at the Institute Training Centre in Sheldon Way, Pinelands...


Dos and don'ts for trustees

While being elected a trustee of a sectional title scheme is often seen as an onerous and time consuming job, those who do take up these positions should be commended....


Free landlord workshop

Although it was very popular in the past to put properties into a trust to ring-fence them against high transaction costs, with the impact of Capital Gains Tax now imposed, it has become a less sought after vehicle in which to own property...


Economics of Green Building course set to influence development strategies

In the face of ever declining ecosystems and degraded environments, it is widely acknowledged that earnest efforts are needed to reduce emissions and to embrace sustainability...


Escalation of Green Star SA ratings in month of June

June proved a bumper month for green building certifications with a total of six new buildings receiving a Green Star SA rating from the Green Building Council South Africa...


Vacancies at Tivvit.com

Become part of the dynamic Tivvit team

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Our Offices are situated in the West Rand.

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Tivvit Property Count 05/07/13

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To the Editor

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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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