Happy Friday the 13th!
This week, all eyes are on the anticipated interest rate drops, with the US Federal Reserve likely leading the way and the SA Reserve Bank expected to follow suit next Thursday. It’s a crucial moment that could provide a significant boost to the South African property market.
We’re also thrilled to unveil the September edition of Real Estate Investor Magazine, celebrating our 171st issue and 17 years of excellence. Spring is bringing fresh optimism to the market—don’t miss the latest insights here:
Read Now.
And don’t forget, tomorrow evening at Shepstone Gardens, Johannesburg, we’re hosting the glamorous 2024 Investor of the Year Awards. Join us as we honour property entrepreneurs who’ve transformed side hustles into thriving businesses. This year’s event features new categories highlighting diversity, including Township Entrepreneurs, Women and Youth Entrepreneurs, and Social Change Agents. For those who want to catch the action live, tickets are available here.
Next week is shaping up to be exciting! Leading up to the interest rate
announcement on Thursday, REI will be bustling with activity.
We’re attending two major events in Cape Town on Tuesday and Thursday, and don’t forget our weekly webinar on Wednesday at 12h00, where we’ll dive into profiting from UK HMO investing. Stay tuned for all the latest updates and insights!
Enjoy a fantastic, property-filled weekend!
NEALE PETERSEN
Your Property Afficionado