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LIFE & LEISURE REFINED MAGAZINE4Refined magazine is published quarterly by TCB Media, on behalf of Fine & Country South Africa. Opinions expressed in this publication are not necessarilythose of TCB Media, Fine & Country, or any of the subsidiaries of the aforementioned companies, their strategic partners or their clients. Information has been included in good faith by the publisher and is believed to be correct at the time of going to print. No responsibility can be accepted for errors and omissions. No material (articles or photographs) in this publication may be reproduced or transmitted, in whole or in part, in any form by any means electronic ormechanical, including a storage and retrieval system, photocopying or recording without prior written permission of the Publisher. Submissions of articles and photographs for publication are welcomed, but the Publisher, while exercising all reasonable care, cannot be held responsible for any loss or damage. %u00a9 2024. All copyrightfor material appearing in this magazine belongs to either TCB Media (Pty) Ltd, and/or Fine & Country South Africa (Pty) Ltd, and/ortheindividual contributors. All rights reserved.SERVINGUP PREMIUMPROPERTYPlease scan to view all featured listings in the current Refined #3 2024John HerbstChief Executive Officer - Fine & Country South AfricaWelcome to this edition of Refined, our premium publication showcasing a wide selection of properties in Sub-Saharan Africa.While the property market has faced significant challenges due to high interest rates and economic headwinds, there is cautiousoptimism that as the political climate settles, we should start seeing a sustainable recovery in all price ranges in the housing market.While house prices and transactions, and house price inflation, plateaued from the beginning of the fourth quarter of 2023 to thestart of the second quarter of 2024 the prime residential market in metro markets outside of Cape Town has shown increasedhouse price growth. Awakening from its slumber in recent months with cautious recovery spreading across the national landscape, especially in the key metropoles.In these key metropoles, there is also a renewed optimism about partnering with local authorities to unlock the financial markets,attract investment, enhance real estate values, and improve infrastructure. This renewed optimism will hopefully translate to actions that are sustainable and ongoing and where all stakeholder%u2019s actions, big or small, will make a difference.As stated by Dr. Roelof Botha, %u201cthe chances of an easing of lending rates happening sooner rather than later and a lowering of the repo rate is firmly on the cards in September.%u201dOverall, there is room for cautious optimism for the rest of the year which will encourage investment in the financial markets andlikely increase market potential, activity, and recovery in the residential sector.I hope you enjoy browsing ourlatest edition ofRefined, and should you be in need of assistance with finding or selling your propertyin South Africa, our network of professional property practitioners are eager to assist.