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Property News

Rode-REIM Real Estate Conference 2014 to address opportunities and challenges facing the property market


With the month of July already underway, now is the time to note the following events which will be taking place in September 2014:

A few pockets of decent growth


A few premier office nodes in some of the country’s major cities are showing decent growth – this according to the latest Rode’s Report on the SA Property Market.

The pitfalls of valuing vacant developable land


The valuation of a substantial track of developable vacant land with the potential for township establishment poses special challenges to property valuers. This is so because no two such properties are identical.

Overzealous office development activity in Sandton a cause for concern


Stalled by low levels of business confidence and weak growth in employment, strong growth in the demand for office space to rent has in recent years not been forthcoming.

Outlook for property market remains weak


The key drivers of house prices and residential rentals are showing no vigour, according to the latest Rode’s Report on the SA Property Market.

Insufficient demand for building work biggest constraint


Insufficient demand for building work remains the biggest constraint to a rebound in building activity, which is stating the obvious when considering the current jaded state of the economy.

Drivers of demand for office space losing momentum


A weakening demand for office space as well as sluggish growth in market rentals are on the cards, says Erwin Rode, professional property valuer and property economist at Rode & Associates.

Why letting is better than buying – for the time being


What is best: buy or let? This is an age-old question. In the case of commercial property, the easy answer is that it depends on your company’s expected total return on capital, also known as the weighted cost of capital or required return. This is a concept similar to opportunity cost.

Growth in industrial rentals heating up, but we’re not out of the woods yet


The growth in industrial rentals is slowly heating up, seemingly benefiting from the lagged impact of declining industrial property vacancy rates.

Alarm bells ringing in the Centurion office space market


The Pretoria decentralized office market seems to be suffering from a combination of weak demand and overzealous development. This statement especially applies to Centurion, one of Pretoria decentralized’s largest and most popular office areas.