Happy Friday, REI Community!
We’re powering into July with big momentum!
This week at REI, we hosted another packed-out webinar, landed two high-impact interviews, and we’re in final prep mode for the Reside Conference & Awards next week in Johannesburg. We’re also wrapping up the brand-new July edition of Real Estate Investor Magazine and it’s a game-changer!
Yes, the headlines are noisy: political drama, regulatory red tape, and an uncertain economy. But even in this climate, opportunity never disappears, it just changes shape. Resilient investors are still moving, adapting, and building.
Just look at our SA sports heroes. The Proteas have finally broken their “chokers” label. The Springboks still #1 in the world are back in action tomorrow. That same grit and discipline applies in business too: show up, adapt, and push forward.
Here’s your power-packed weekly wrap to keep you informed, inspired, and ready to take your next step.
Local Property Pulse
Gauteng’s Comeback
Semigrants are returning to Johannesburg as high Cape Town costs push buyers back to where value, finance, and opportunity align. The tide is turning north.
Rental Red Flags
26% of rental applicants are now high-risk, largely due to income, age, and debt. The PIE Act complicates evictions - making smart tenant screening non-negotiable.
Cape Town’s Mega Development
The V&A Waterfront’s new R20–R24 billion Granger Bay precinct is rolling out: hotels, retail, residential, and entertainment in 6 phases over 15 years.