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Latest South African property news

Flat rentals outperform inflation – Rode Report

Amidst serious political turmoil, the South African property market ended 2017 on a better footing, with industrial property and flat rentals managing to outpace inflation. It was also a great year for listed property, which was the best-performing traditional asset class after stocks, says Kobus Lamprecht, economist with property-economists Rode & Associates.

Listed property, however, started 2018 on a very low note, rocked by the Resilient stable débâcle, while the stronger rand has also played a role in the overall share-price decline.

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Four-star GBCSA rating now a prerequisite for Rode’s Report Grade A+ rating

Readers of the coming Rode’s Report may notice that the publication no longer includes “location” as a determinant of grading.
Erwin Rode, publisher of the quarterly Rode’s Report on the State of the Property Market explains: “In contrast to the South African Property Owners Association (SAPOA), our report now defines office-building grading only in terms of quality of finishes and facilities, and not in terms of where the building is situated.

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