Real Estate Investor Magazine South Africa July 2016 | Page 21

› › ›SELL YOUR HOME FASTER› RESIDENTIAL DENISE DOGON Estate Agent Dogon Property Group recently closed a landmark property deal when a German Couple bought a Bantry Bay home for a record price of R290 million, with a Porsche Cayenne and an Aston Martin DB9 thrown into the deal. The record sale was made by Dogon Property Group estate agent Adrien Epstein, who described the entire sale as “exciting”. www.reimag.co.za STEPHEN BROOKS Developer Recently listed Balwin Properties is piquing the interest of investors in SA’s more than R400 billion-worth listed property sector. Balwin CEO Stephen Brookes, who founded the company in 1996 said “Most analysts are still looking at us a Reit (Real Estate Investment Trust) expecting us to pay distributions and get yields.§” ANDREW GOLDING Estate Agent According to the CEO of Pam Golding the ramifications of the Brexit vote on the SA economy and property market remain unclear “It is going to take time for the full implications to be assessed. What does seem clear is that the process of Britain’s exit will take at least two years with many twists and turns along the way and with specific negotiations within the EU on many varied and important issues still to be decided.” JULY 2016 SA Real Estate Investor 19