Real Estate Investor Magazine South Africa November 2013 | Page 59

REI Offshore

Valuable Input

Pierre Van Tonder,
CE,
Spur Corporation
“Countries in the rest
of Africa offer a good
opportunity to enter
higher growth markets
although each market
brings its own particular
challenges.”

Affordable Housing Pays Off

Ian Hawksworth,
CEO,
Capital & Counties
Properties
“While the national UK
real estate outlook is still
fairly weak, the prospect
for the London market
is positive across all
property sectors.”

The vision to invest in the development of
affordable housing in Africa is starting to pay off
handsomely for pioneer private equity investors.
Strong returns achieved with the first South
Africa Workforce Housing Fund prove the
success of affordable housing as a solid asset and
augers well for ongoing investment in the sector.

Record Rentals In The UK
Near record rental values in the UK coupled with
the rise in house prices will generate average
returns of 13% in the next twelve months, more
than £22,000 per property, a report found.
It also revealed rents are within £1 of their alltime high at £743 a month in England and
Wales.

www.reimag.co.za

November 2013 SA Real Estate Investor

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