Rode’s property news
Cape Town flats continue to lead in a modest rental growth market
Since 2015, Cape Town flat rentals have been outperforming their peers strongly, but are taking a breather for now, only growing by 4% over the past year.
Values of industrial stands in the East Rand and Cape Town outperform the rest
Despite of the poor performance of industrial stand values in the country overall, due to declining economic confidence, those in the East Rand and Cape Peninsula still managed to enjoy real growth in the second quarter of 2017.
Rode & Associates once again receives the highest awards in national survey
Property valuation firm Rode & Associates, has been honoured with top awards from the authoritative publication Professional Management Review (PMR.africa) in this year’s 2017 PMR.africa rankings.
The fun is over
Property, whether directly held or listed, was the darling of South African investors over the past decade and longer.
On house prices, the future and “benoude katte”
Nationally, the growth in house prices continues to be undermined by its underperforming key drivers.
Rode & Associates once again receives top honours in national survey
Property valuation firm Rode & Associates, has been honoured with top awards from the authoritative publication Professional Management Review (PMR.africa) in this year’s PMR.Africa rankings.
Alarm bells ringing in the Centurion office space market
The Pretoria decentralized office market continues to suffer from the aftermath of overzealous development coupled with weak demand for space to rent. This statement especially applies to Centurion, one of its largest and most popular office areas.
Falling import volumes could place a damper on industrial-rental growth
For now, the current cooling in the growth of retail sales volumes and contracting import volumes do not bode well for the demand for warehouse space to rent, and consequently market rentals.
Tighter credit standards darken outlook for houses
The leading business-cycle indicator continues to signal that even weaker economic activity should be expected, which bodes ill for the housing market.
Office vacancy rates at lowest level in seven years
Prime office vacancy rates in Cape Town decentralized are at their lowest level in more than seven years.
Low business sentiment levels undermining prospects for industrial rental growth
Prevailing weak and low levels of business sentiment are set to keep the demand for industrial space at bay, and the outcome of this will be continued moderate growth in market rentals for industrial space.
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