Real Estate Investor Magazine South Africa October 2016 | Page 21

RESIDENTIAL RONALD ENNIK ESTATE AGENT Today’s consumer – and, not least, the home buyer – wants an easier, more streamlined, route to market, given that he or she now has instant online access to a wealth of information without the assistance of an intermediary, says higher-end homes marketer Ronald Ennik.. “There is no question that agents who embrace, and keep abreast of, digital technology will maintain a competitive edge – by way of instant access to powerful online marketing tools. www.reimag.co.za TYRONE GOVENDER FREEDOM PROPERTY FUND Freedom Property Fund, which became the fourth property company to list on the JSE this year, last week said it had launched two major residential property developments aimed to boost the groups portfolio. Tyrone Govender, CEO of Freedom Property Fund, comments: “There is a tremendous demand for accommodation in this area. The thriving local economy is experiencing sign KIMI MAKWETU AUDITOR GENERAL Irregular as well as unauthorized expenditure in the SA’s municipalities has more than doubled since the current administrations took office five years ago, to R14.75bn, Auditor General Kimi Makwetu revealed Wednesday. Addressing his report on local government audit outcomes for the 2014-15 financial year, Makwetu revealed that municipalities have shown an improvement in their audit results over the past five years from 2010-11 to 2014-15. OCTOBER 2016 SA Real Estate Investor 19