Expropriation Act will cause uncertainty in property market – Sapoa

Loading player...
Neil Gopal, CEO of the SA Property Owners Association, says: “It’s clear that the matter is headed to the courts” even though Sapoa itself is not planning legal action. While expropriation is not new, the organisation is not happy with two aspects of the new act.
27 Jan English South Africa Business · Business News

Other recent episodes

Joburg cleaning up its act ahead of G20?

Stephen Du Preez, founder of LocalAbode, an alliance partner of the Jozi My Jozi initiative, says the cleanup of Joburg’s CBD needs to look beyond the summit and have long-term sustainability.
3 Mar 23 min

Business-rescue-hit Urban Lime’s properties up for sale

Nexus Property Group co-founder Elias Tzouvanni – whose company has been appointed to handle the sale of the properties through private tender – shares insights on the portfolio of largely regenerated properties in Cape Town and Durban being sold.
24 Feb 15 min

Menlyn Park, Pavillion owner upbeat on mega mall growth

Malose Kekana, CEO of Pareto Limited, says the group saw double-digital foot count growth over the recent festive season, with trading density growth of 6% at its malls across the country. He also talks expansion plans, with a refocus on SA.
17 Feb 15 min