SA’s commercial property sector went backwards in terms of black ownership and representation in 2018, as a weak economy put new real estate businesses under pressure and no black-owned funds listed on the JSE, according to the Property Sector Charter Council’s report on transformation for 2019.
Property remains one of the least transformed industries in SA, but listed and unlisted real estate companies are actively trying to improve the situation, council chairman Sedise Moseneke said...
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