EDITORIAL VIEW
EDITORIAL VIEW
Bullet Proof your Property Portfolio against Global Uncertainty
There is one thing that is certain for all investors going forward - global market volatility will continue to stay with us . South Africa has had its fair share of uncertainty in terms of continuous economic challenges , political upheaval , mismanagement of state entities , nationwide strikes , high unemployment , rising interest rates , low growth , threats of rating downgrades and the latest is speculation to the effects of Brexit . The uncertainty of how the United Kingdom ( UK ) will manage an exit from the European Union ( EU ) and what the effects on global markets is going to be is a very real one . There are upsides and downsides for currencies , stock markets , traders and real estate and only time will tell .
Property has always been a safe haven , offering excellent tax benefits , high yields , solid income and good profits with predictable gearing . Over the last few years many investors moved offshore either from
Welcome to the July edition of the Real Estate Investor
Magazine
Wherever there is money , there is a con artist trying to get in on the action . There are numerous cons relating to property doing the rounds and unfortunately as many people who fall for them . While it is often assumed that scamsters target the vulnerable , this is not always the case and these fraudsters can catch anyone who doesn ’ t stop to think something through . In our cover feature we look at some of the more popular property scams doing the rounds , as well as give out practical advice on how to avoid them . fear or to find more certainty with more reliable market information , better managed municipalities , utilities and services or more stable currencies and financing . Redefine , Growthpoint , Rockcastle , NEPI , MaraDelta , Tower Properties , Vukile and Attacq to name a few have all performed exceptionally investing offshore and today it is an important part of most of the REIT company strategies and listed company investment strategy .
Despite all of our political and economic disasters we have to continually actively manage our mindset against negativity . As Christo Wiese told us recently , “ having a pessimistic outlook on life and business does not help anybody . Only those who have a positive thinking outlook despite the circumstances can make a difference in the world .” What is important to create an environment of confidence in our own businesses . Despite failure we acquire new knowledge and that how is how we progress forward .
Successful investing
Vivian Reddy , Durban businessman and property icon is our Master Investor for July . The recent launch of the Oceans Umhlanga Development has cemented Reddy as one of the countries most important developers . We take a look at Mr Reddy ’ s rise to the top as well as his plans for the future .
Elsewhere in the magazine we take an in depth look at the bold new developments taking centre stage throughout the Cape Town CBD , examine the further ramifications of the Rental Housing Act for homeowners and investigate Portugal ’ s Golden Visa opportunities for local Investors
Enjoy the read
NEALE PETERSEN
FOUNDER & PUBLISHER
Protecting your Assets from Unscrupulous Fraudsters
DREW HOOK
EDITOR
“ There is no adversity capable of stopping you once the choice to persevere is made .” JASON KILAR
www . reimag . co . za JULY 2016 SA Real Estate Investor 5