Julian Scher, Chairman of Heartwood Properties and property lawyer at Strauss Scher Attorneys, was interviewed by Bruce Whitfield on The Money Show. To listen to this informative interview, follow this link: https://omny.fm/shows/the-money-show/rental-patment-problems-caused-by-covid-19 #covid19 #rentalproperty #propertylaw #TheMoneyShow
Peter Gent, ex-RMB Chief Operating Officer, has been appointed as an independent, non-executive director to the board of directors of commercial property development company, Heartwood Properties, who are listed on the 4AX (4 Africa Exchange).
JOHANNESBURG – Commercial property development company Heartwood Properties said yesterday that it had increased its portfolio value by 30percent and its net asset value by 29percent at the end of its first year as a listed company on the 4 Africa Exchange (4AX).
Heartwood Properties, a 4AX listed commercial development company, has partnered with renowned landscape artist and sculptor, Strijdom van der Merwe, to transform the outdoor space of a popular office block, Willow Wood, in Fourways, Gauteng.
Tenant shareholder model gives SMEs access to owning their own premises.
It’s the age old dilemma: should you plan to lease or own your business premises? There are advantages and disadvantages to both, with much depending on the life cycle and stage of each individual business. The appeal for many businesses to own their own premises is that it can be an appreciating asset and a sound financial investment in the long term. There’s also the appeal of not having to worry about massive rental increases and having the freedom to decide when to renovate.
Heartwood Properties and SolarSaver have partnered in a drive to convert Fourways’ Willow Wood Office Park to solar.
Heartwood Properties CEO, John Whall comments:
“We realise the potential of solar, and the great relief it will bring to our tenants who won’t have to rely on Eskom’s failing system or be at the mercy of its exorbitant pricing structure. Solar is also friendlier to the environment and as property developers we must reconsider the impact we have on nature.”
South African property development group Heartwood Properties listing at the 4 Africa Exchange or 4AX.
You’ve got some available income to invest and your portfolio is lacking a commercial property investment. What exactly should you be looking for?
Many investors feel daunted by the large capital outlay required for a real estate investment and the onerous and time consuming responsibilities of being a landlord. A viable alternative to physical property ownership is to invest in a Real Estate Investment Trust (REIT) or a property fund. Johan Fourie, Head of the Exchange Advisory Division at Pallidus Capital shares insight into what exactly the options are right now.
The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.
Welcoming global multi-national company, Genesys, who provides a customer engagement solution that is both in the cloud and on premise based to more than 11 000 companies in over 100 countries who will take up nearly half of the new block.