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Breaking down property entry barriers for the youth with Monedi Lefakane


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Lefakane co-founded the Youth in Property Association to help drive transformation in SA’s broader property industry.
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SUREN NAIDOO: With June being Youth Month, in this episode we are speaking to Monedi Lefakane, the co-founder and current chairperson of the Youth in Property Association. The organisation, or Yipa, as it is also called, promotes youth entering South Africa’s property sector. It’s quite a youthful body, being only a few years old and run virtually entirely by young people. One of them is Monedi Lefakane.
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Mall pall: Shopping centres take a hammering as Covid-1...


Shopping malls were already in crisis before the Covid-19 pandemic, with the worry in the real estate industry centered around the fate and fortunes of mega malls across South Africa. 
Dominant and large malls have become one of the most challenging sectors of the real estate industry in recent years. They have lost their lustre as a main source of entertainment for families and the SA economy was already in the doldrums pre-Covid-19, impacting consumer spending and retail therapy patterns. 
The worry about shopping malls has intensified among industry players as there is also a step-change in the behaviour of consumers, with more people embracing online shopping and avoiding crowded malls for fear of contracting Covid-19.   ....

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South African mall operators will continue to provide rental relief in 2021


Redefine to provided additional 46 mln rand in rent
discounts
Redefine now poised for expansion after disposals
JOHANNESBURG, Feb 22 (Reuters) - Two of South Africa s prime
commercial property owners will extend rental relief to
struggling tenants this year, in a sign the impact of COVID-19
is far from over for hard-hit real estate firms although they
see the tide turning at the end of 2021.
Liberty Two Degrees (L2D) and Redefine Properties
- owners of some prominent commercial real estate in
Johannesburg and Cape Town - said they would have to provide
rental relief for longer.
South African commercial real estate sector - with its ....

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