NICK GAERTNER

Director & Chief Operations Officer Knight Frank South Africa

February has been a great month for the Cape Town property market. There has been a hive of activity, and while stock levels are still low, buyers are out in full force. Knight Frank achieved its highest sales levels in both value and number of units sold in the past 12 months and March has started on the same note.

As we head towards the close of the first quarter of 2023 at the end of this month, we have been looking at ways to improve our customer experience and add value wherever possible. In the last four weeks, we created a new digital weekly mailer giving clients a brief snapshot of new releases and hot properties on the market. This has proved a great success in a very short space of time and is achieving exceptional results. We are therefore going to be shifting to a hybrid of more regular ‘bite-sized’ mailers containing both property updates, insightful news articles, and the latest trends. – This will be coupled with a full digital magazine on a quarterly basis that provides you with the property features, informative articles as well as more statistical data on what is happening in the Cape Town market.

We hope you enjoy this edition of the magazine and look forward to sharing our new publications and insights with you on a more regular and up-to-date basis.