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Property News

Industrial rentals still drifting lower


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


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


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.

New homebuilding prospects waning again


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.

A bitter pill for a struggling industrial property market


Disappointing, although not entirely unexpected, was the waning in overall economic growth in the third quarter of 2010.

Steady vacancies signal slight reprieve for office rentals


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


Great news for the Port Elizabeth industrial property market has been the resurgence, from the ashes, of new-vehicle sales.

Office vacancies seemingly leveling off


After showing the strains of weak economic activity for a number of quarters, office vacancies in both the decentralized and CBD markets are seemingly levelling off.

Industrial vacancies still on a par with longterm averages


A look at industrial vacancy trends shows that there is, as yet, no need for industrial property investors to panic and make friends with their bankers.

Property markets still hibernating


The property markets across the board are still in hibernation mode, according to the latest Rode’s Report on the State of the Property Market.