Balwin group reports a 57% plunge in half-year profi

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Nastassia Arendse chats to Steve Brookes, CEO of Balwin Properties, to discuss the company's latest financial results. Despite a more optimistic economic outlook, the residential property market remains subdued, primarily due to high interest rates. Balwin has experienced a decline in apartment sales and revenue, though its annuity business has shown growth. We delve into the factors impacting the property market, the company's strategies to navigate these challenges, and the outlook for the future.

28 Oct 2024 2PM English South Africa Business News · Investing

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