Signs that price movement, which appear to be driven by underlying demand with little evidence of speculative activity, are instilling confidence in South Africa’s property sector. Despite a sluggish local economy, residential and commercial prices are appreciating at a pace higher than GDP but are comfortably on par with lending rates, while financing for the sector has...
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Articles & Analysis | Rising price trends reflect strong growth for South African real estate from The Report: South Africa 2014
Articles & Analysis | Construction activity rebounds from post-World Cup dip from The Report: South Africa 2014
South Africa’s contractors, who comprise one of the continent’s more robust and largest construction sectors, have had to navigate a challenging few years. While significant infrastructure spending has been planned for the medium term, order books, while busy, have yet to provide the dramatic rebound that has been hoped for. “After the 2010 World Cup, the industry has...
Articles & Analysis | Major investments in infrastructure are catalysing growth from The Report: South Africa 2014
The National Development Plan (NDP) provides the underlying blueprint for socio-economic development until 2030. It sets out the aim of achieving an annual growth rate of 5.4%, which the government projects as necessary to eradicate the triple challenges of unemployment, poverty and inequality.
Interviews & Viewpoints | OBG talks to Henry Laas, CEO, Murray & Roberts from The Report: South Africa 2014
To what extent do South African construction companies rely on public infrastructure projects for their local order books?
Chapter | Construction & Real Estate from The Report: South Africa 2014
The construction sector benefits from strong fundamentals but has grappled recently with a slowdown in big-ticket infrastructure work and falling margins, prompting some firms to focus their efforts outside of their home turf. However, this has helped to stoke growth in smaller and newly established contractors. While significant infrastructure spending has been planned for the medium term,...
Chapter | Construction & Real Estate from The Report: Egypt 2014
Like many sectors in the country, construction has had more than its fair share of challenges in recent years. Yet in spite of the downside risks, the prospects for the building industry have not been brighter for decades. Continuation of new cities around Cairo, complete with offices and shopping malls, plans for 1m new affordable homes in the social housing segment, the expansion of the Suez...