A week of opportunities!
Happy Friday! This week, REI attended two pivotal events, one focusing on the booming Proptech sector, uncovering new opportunities and the second discussing challenges within property development. Deon van Zyl founder of WCPDF shared valuable insights, emphasizing that the key to perfect development opportunities lies in understanding market trends and anticipating demands at least five years ahead.
Jason Griessel, Head of Broll Strategic Risk Services has championed a transformative approach to risk management in South Africa’s construction industry. He says by embracing best practices, we can enhance safety and resilience, preventing potential tragedies and fostering community trust.
On the residential front, South Africa’s property sector is facing vulnerabilities related to scams and cybercrime. Our latest webinar sparked lively discussions on identifying red flags when navigating property and investment scams. Remember, always verify sources, especially when encountering changes in bank account details!
The Western Cape residential market continues to thrive, attracting a wave of new residents from across the country. In 2022 alone, areas like Somerset West and Hermanus welcomed hundreds of new residents, making it one of the fastest-growing regions in South Africa. Annien Borg from Pam Golding Properties noted the significant impact this surge has on urban planning in the Mother City and its surroundings.
We’re thrilled to announce the relaunch of our podcast channel, REI Pod Playbook! This week’s episode features an insightful interview with Jonathan Tagg from Pam Golding International, discussing investment opportunities in Mauritius. Don’t miss their roadshows from October 30 to November 9 in four major cities!
In other news, the South African sporting community was shaken by the announcement of Siya and Rachel Kolisi’s separation, a couple that has captured hearts nationwide. Siya is refocusing on his rugby career with the Sharks, and we wish him all the best.
Here’s to a fantastic weekend ahead filled with new opportunities!
Yours in property
NEALE PETERSEN
Your Property Afficionado
