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Property News
Health returning to industrial property
30-05-2011
Industrial property is showing signs of a recovery with vacancy rates seemingly levelling off and rentals once again showing growth.
Contracting demand explains sticky office-vacancy rates
28-04-2011
The take-up of office space remains feeble for now, explaining why vacancy rates are still stubbornly refusing to drop.
Steady renewal of optimism in commercial property market
04-04-2011
March 30, 2011; Johannesburg: First National Bank and property consultants Rode and Associates today launched a report on the country’s property market that shows a gradual return of cautious optimism in the office and industrial sectors of the property market. The latest Rode’s Report on the SA Property Market states that capitalization rates strengthened (i.e. declined) marginally in the fourth quarter of 2010.
Industrial rentals still drifting lower
29-03-2011
Despite still drifting lower, industrial rentals in the major conurbations managed to end 2010 on a better note.
Houses should not expect further help from Reserve Bank
24-02-2011
No help for the ailing house market can, for now, be expected from lower interest rates.
Office rentals continue to manage growth despite strong economic headwinds
29-12-2010
According to the latest Rode’s Report on the SA Property Market (quarter 2010:4); office rentals were able to muster some growth, even against the headwinds of a slowing economy.
A bitter pill for a struggling industrial property market
15-12-2010
Disappointing, although not entirely unexpected, was the waning in overall economic growth in the third quarter of 2010.
New homebuilding prospects waning again
15-12-2010
It is easy to understand why building activity tends to track house prices. It has to do with demand and supply, and the profit margin of developers. Economists call it the price mechanism. In a free market, a deficit of supply relative to demand results in price increases, which pushes up the potential profit margin of developers, which triggers new supply, courtesy self-interested developers.
Steady vacancies signal slight reprieve for office rentals
08-11-2010
The latest Rode’s Report on the SA Property Market reveals that the upward march of office vacancies is seemingly losing momentum. This, says editor John Lottering, holds out hope for office landlords that market rentals will soon stabilise.
Improved vehicle sales a boon for industrial property vacancies
26-10-2010
Great news for the Port Elizabeth industrial property market has been the resurgence, from the ashes, of new-vehicle sales.