South Africa has just experienced its most successful democratic election to date with some fascinating results. The ruling party lost ground (over 4% of the vote) and more importantly, its 2/3rd majority, which further entrenches a very sound constitution. It also lost the Western Cape where the opposition now has opportunity to reflect its governance potential. In years to come, we would expect further splits in the ruling party and a consolidation of opposition parties resulting ultimately in an even support base and politically sound economy.
Post election confidence in South Africa has grown significantly with the local currency gaining nearly 20% on the US$ in the past month. Vast capital inflows are evident and many new PEVC funds are being established specifically for the vibrant commercial real estate market, affordable housing development, leisure projects and infrastructure development where returns are significantly higher and more certain in the current worldwide economic climate.
Immense amounts of capital are being injected into infrastructure development and significant leisure projects coming on stream driven initially by the 2010 Soccer World Cup and the post-cup tourism growth potential given what the country has to offer in terms of radiant weather conditions, game, hunting, golf meccas, world sporting events, extreme sports, professional hospitality industry, historical riches, research facilities and much more.
The US State Department’s latest report on the investment climate in South Africa reflects a very positive stance and provides insightful information on the factors relating to the SA market as well as important research contacts… read more.
To this end, we invite you to research and take advantage, in certainty in a globally uncertain market, of opportunities in harbour & waterfront developments, golf resorts, hotels, condos, game reserves, commercial investments, shopping malls, affordable & mid-market residential developments etc.
- PEVC & Funding
- Commercial Real Estate
Post election confidence in South Africa has grown significantly with the local currency gaining nearly 20% on the US$ in the past month. Vast capital inflows are evident and many new PEVC funds are being established specifically for the vibrant commercial real estate market, affordable housing development, leisure projects and infrastructure development where returns are significantly higher and more certain in the current worldwide economic climate.
Immense amounts of capital are being injected into infrastructure development and significant leisure projects coming on stream driven initially by the 2010 Soccer World Cup and the post-cup tourism growth potential given what the country has to offer in terms of radiant weather conditions, game, hunting, golf meccas, world sporting events, extreme sports, professional hospitality industry, historical riches, research facilities and much more.
The US State Department’s latest report on the investment climate in South Africa reflects a very positive stance and provides insightful information on the factors relating to the SA market as well as important research contacts… read more.
To this end, we invite you to research and take advantage, in certainty in a globally uncertain market, of opportunities in harbour & waterfront developments, golf resorts, hotels, condos, game reserves, commercial investments, shopping malls, affordable & mid-market residential developments etc.
- PEVC & Funding
- Commercial Real Estate
- Leisure Real Estate
- Development Projects
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