Latest News

25
October, 2011
Prices are set to soar in London's newbuild property hotspots

Prices of new-build properties in London residential hotspots are predicted to more than double in the next four years, according to a new research report by estate agency Knight Frank. A new research report by the world's largest privately owned property agency says residential property investors across London are set to cash in on regeneration schemes that will at least double the prices of many new homes. Read more »
29
October, 2010
EXCHANGE CONTROL: Easing Of Exchange Controls Praised

Presenting his medium-term budget policy statement in parliament, Pravin Gordhan said exchange controls on individuals, companies and pension funds would be eased dramatically. By using their foreign investment allowance South Africans will now be able to move R4m out of the country each year as opposed to a single R4m lifetime limit previously. Permission may also be applied for to exceed the R4m Annual Allowance. Read more »
24
August, 2010
£140 million London penthouse believed to be the world's most expensive home

The penthouse apartment at One Hyde Park in Knightsbridge, believed to be the most expensive in the world, was sold to an anonymous international buyer as the wealthy of the world keep snapping up London properties despite reports that the UK housing market is slowing. The most exclusive property in London, the six-bedroom penthouse at One Hyde Park will stretch across two floors and will have bullet-proof windows, a panic room, iris scanners and views across Hyde Park and the Serpentine lake. Read more »
21
April, 2010
Super rich prefer property as investment

The bulk of international High-Net-Worth Individuals' (HNWI) - those with assets worth more than $10m (R72,2m) - portfolios (33%) are invested in property, a recent study by Knight Frank and Citi Private Bank showed. The next biggest chunk is equities at 24% followed by cash at 17% and finally bonds at 13%. Gold, despite its reputation as the safest of havens in turbulent economic environments, can claim only a 0,5% share of the average HNWI's investment portfolio. Read more »
15
April, 2010
Property Still Number One for World's Wealthy

Property beat other asset classes to the title of most popular among the world's wealthiest individuals reveals the Global Wealth Report. Conducted among Citi Private Bank's international high-net-worth clients - those with assets worth more than $10 million (R72.2 million) - showed that the bulk of their portfolios (33 per cent) were invested in property. The next biggest chunk was Equities at 24 per cent followed by cash at 17 per cent and finally bonds at 13 per cent. Read more »
25 October 2011

Prices are set to soar in London's newbuild property hotspots

Prices of new-build properties in London residential hotspots are predicted to more than double in the next four years, according to a new research report by estate agency Knight Frank. A new research report by the world's largest privately owned property agency says residential property investors across London are set to cash in on regeneration schemes that will at least double the prices of many new homes. Read more »
29 October 2010

EXCHANGE CONTROL: Easing Of Exchange Controls Praised

Presenting his medium-term budget policy statement in parliament, Pravin Gordhan said exchange controls on individuals, companies and pension funds would be eased dramatically. By using their foreign investment allowance South Africans will now be able to move R4m out of the country each year as opposed to a single R4m lifetime limit previously. Permission may also be applied for to exceed the R4m Annual Allowance. Read more »
24 August 2010

£140 million London penthouse believed to be the world's most expensive home

The penthouse apartment at One Hyde Park in Knightsbridge, believed to be the most expensive in the world, was sold to an anonymous international buyer as the wealthy of the world keep snapping up London properties despite reports that the UK housing market is slowing. The most exclusive property in London, the six-bedroom penthouse at One Hyde Park will stretch across two floors and will have bullet-proof windows, a panic room, iris scanners and views across Hyde Park and the Serpentine lake. Read more »
21 April 2010

Super rich prefer property as investment

The bulk of international High-Net-Worth Individuals' (HNWI) - those with assets worth more than $10m (R72,2m) - portfolios (33%) are invested in property, a recent study by Knight Frank and Citi Private Bank showed. The next biggest chunk is equities at 24% followed by cash at 17% and finally bonds at 13%. Gold, despite its reputation as the safest of havens in turbulent economic environments, can claim only a 0,5% share of the average HNWI's investment portfolio. Read more »
15 April 2010

Property Still Number One for World's Wealthy

Property beat other asset classes to the title of most popular among the world's wealthiest individuals reveals the Global Wealth Report. Conducted among Citi Private Bank's international high-net-worth clients - those with assets worth more than $10 million (R72.2 million) - showed that the bulk of their portfolios (33 per cent) were invested in property. The next biggest chunk was Equities at 24 per cent followed by cash at 17 per cent and finally bonds at 13 per cent. Read more »