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Property News

Non-residential property is still healthy, thank you


Office- and industrial-property rentals continue to grow impressively, shows the latest issue of Rode’s Report on the SA Property Market. In spite of this, building plans approved for new office and industrial buildings are slowing down markedly.

<em>Rode’s Growth Points</em> a vital tool in determining risk


At a time when the world and its bankers have become more risk averse, Rode has released the second and improved issue of Rode’s Growth Points. This publication rates the investment attractiveness of 80 office nodes and 200 industrial townships countrywide.

Vacancies level out in the Cape Town CBD


Consensus seems to be developing amongst economists that the South African economy is going to decelerate sharply to a growth rate of about 3% p.a. over the next few years.

Slow-down in passing of non-residential building plans


While the slow-down in building activity in the residential sector has been expected, recent statistics for non-residential property have surprisingly shown that this sector is also now beginning to weaken.

Retail sales bad news for retail property


The growth in retail sales has been losing steam for some time now, with the figures for May 2008 revealing that real sales (actual volumes of sales) were down by nearly 4% on the same month a year earlier. 

Rode 2008 events to address challenges facing the property market


A number of events have been organised by Rode & Associates to take place countrywide during the month of August, and which will address the many challenges currently facing the property market.

Latest <em>Rode’s Report</em> shows commercial and industrial markets still strong


In the midst of all the doom and gloom in the South African residential property market, commercial and industrial markets are still booming according to the latest issue of the Rode’s Report on the South African Property Market.

Johannesburg decentralized impresses


While the South African economy may be taking strain on all fronts, a ray of hope can be seen in office rentals in the decentralized regions of Johannesburg, which have continued to fare well, according to property economists Rode & Associates.

The next seven biblical years


This time last year, things looked rosy for South Africa; the country’s top economic experts were forecasting robust growth of around 5% per annum. In their own, December 2007, forecasting publication, property economists Rode & Associates forecast great potential in real office and industrial rents over the next few years, predicting robust demand for office and industrial space that was expected to keep vacancies low and nominal market rentals growing in excess of building-cost inflation. Now things are looking less optimistic: so what’s happened?

Building industry should not bear brunt of energy crisis


Property economist Erwin Rode of Rode & Associates has strongly condemned Eskom’s decision earlier this year to impose a six-month moratorium on all new medium- to large-scale construction projects across both the residential and non-residential markets.