The Cavaleros Group’s century, Anton Steyl’s R2.6bn investing rules and whether a R6.25m block of flats clears a 20% target.
Real Estate Investor
Magazine InsiderThursday 12 November 2026
Real Estate Investor Magazine, November 2026: Cavaleros, 100 years of building property wealth
New | November 2026 | Edition 196
100 years, one family: the Cavaleros century
From a 16-year-old immigrant’s Johannesburg workshop in 1926 to AI infrastructure in 2026. Plus Anton Steyl’s R2.6bn rules, a R6.25m deal put to the test and the R50m portfolio playbook.
Read the November edition
Free to read on rei.co.za.
Cover story | A century in four moments
1926A carpenter who dared to dream
Dimitri Cavaleros arrives from the Greek island of Imbros at 16 and starts a shopfitting business in Johannesburg.
1978The bold decision to sell and reinvent
The shopfitting group is sold to a large listed company, and the family turns to property investment and development.
1989Penny Cavaleros takes the helm
After years running the family’s Peppermill Restaurant, she becomes CEO in November 1989 and builds a diversified portfolio.
2026Property enters the AI economy
A century on, Cosmas Data Cities and a 250-hectare Brackenfell site point the group towards digital infrastructure.
Read the cover story
Master investor
Penny Cavaleros speaking at the Cavaleros Group centenary
Master investor | Page 14
Penny Cavaleros: From humble beginnings to a century-long property empire
From long hours in the family restaurant to leading a century-old property empire, Penny Cavaleros proves that a lasting legacy is built on hard work, vision, integrity and the courage to evolve.
Read her story
Broll Auctions and Sales: multi-property auction, 25 November 2026, The Wanderers Golf Club
Do the maths | Build the wealth
What is a good return on your property investment?
Investor intelligence | Page 170
What is a good return on your property investment?
A R6.25m block of flats, a 20% return target and one crucial question: does the investment really stack up? Renier Kriek shows investors how…
Read more
 
How to build a R50 million property portfolio from scratch
Wealth building | Page 124
How to build a R50 million property portfolio from scratch
Discover how household income, smart financing, positive cash flow and disciplined reinvestment can help you build a substantial…
Read more
 
Why owning the whole building can beat buying one flat
Property investing | Page 72
Why owning the whole building can beat buying one flat
One flat gives you rental income. An entire building gives you greater control, diversified cash flow and opportunities to grow value…
Read more
 
AI can’t take my title deeds
Investor insights | Page 186
AI can’t take my title deeds
With R2.6 billion in property assets, Investicore CEO Anton Steyl shares his rules for building wealth, protecting capital…
Read more
In The City Hospitality Group: professional property management
Where the opportunity is
Harties: SA’s top town and property hotspot
Property market intelligence | Page 156
Harties: SA’s top town and property hotspot
Crowned Town of the Year 2026, Hartbeespoort is attracting holidaymakers, commuters and property investors, with 85% of homes…
Read more
 
Township property: Hidden wealth or high-risk investment?
Residential | Page 110
Township property: Hidden wealth or high-risk investment?
Township properties are challenging traditional investment assumptions. Jaco Grobbelaar explores the returns, rental demand…
Read more
 
Student accommodation 2027: Landlord’s countdown to intake
Student accommodation | Page 136
Student accommodation 2027: Landlord’s countdown to intake
Every year around now, landlords ask the same question: can I still fill my property with students for 2027? Retha van Rooyen’s…
Read more
 
Your first body corporate meeting: Know your rights
Legal | Page 144
Your first body corporate meeting: Know your rights
From electing trustees to approving budgets and scrutinising developer contracts, discover the critical decisions that protect…
Read more
WeconnectU: The trends that shaped 2026, and what to watch in 2027. Register today.
From professional to property developer
From professional to property developer: The ALSA roadmap
Property development | Part 3 | Page 94
From professional to property developer: The ALSA roadmap
From a proven 412-home pilot in Soweto to a 106-unit franchise development in Cape Town, discover the practical steps to…
Read more
Meet the team in person. Ask ALSA your questions at the REI masterclass on Wednesday 18 November, 10:00–12:00, at the IEASA offices in Pinelands, Cape Town. Free, limited seating.
Reserve your place
From Professional to Property Developer: the REI Masterclass with ALSA, Wednesday 18 November 2026, 10:00. Reserve your free seat.
The full November line-up
Ask the experts
Can you become a property developer without millions in capital or experience?
p. 6
Master investor
Penny Cavaleros: From humble beginnings to a century-long property empire
p. 14
Cover story
Cavaleros: 100 years of building an empire
p. 34
Property professionals
eXp-anding horizons: eXp Realty appoints Kura Chihota as Growth Development Manager
p. 58
Property investing
Why owning the whole building can beat buying one flat
p. 72
Alternative investments
Invest in the Paarl Winelands property boom: Valedrift Village
p. 90
Property development
From professional to property developer: The ALSA roadmap
p. 94
Residential
Township property: Hidden wealth or high-risk investment?
p. 110
Wealth building
How to build a R50 million property portfolio from scratch
p. 124
Student accommodation
Student accommodation 2027: Landlord’s countdown to intake
p. 136
Legal
Your first body corporate meeting: Know your rights
p. 144
Property market intelligence
Harties: SA’s top town and property hotspot
p. 156
Investor intelligence
What is a good return on your property investment?
p. 170
Investor insights
AI can’t take my title deeds
p. 186
Technology & AI
Preferental’s AI vetting: Catch fraud fast, place better tenants
p. 196
Events
Green revolution: SA’s buildings transform tomorrow (GBCSA 2026)
p. 204
Open the magazine
NOX Cape Town: Property management for investors, by investors. Rent, buy, manage, sell.
From the editor
“Never confuse owning property with creating wealth. Buy on fundamentals, understand your numbers, protect your cash flow and think beyond the next market cycle.”
Neale Petersen, Founder & Editor-in-Chief, Real Estate Investor
The greatest property fortunes are not built overnight. They are built through generations of disciplined decisions. Thank you for being part of our 196th edition.
Previous editions
Real Estate Investor Magazine, October 2026
October 2026
Real Estate Investor Magazine, September 2026
September 2026
Real Estate Investor Magazine, August 2026
August 2026
 
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