Rode’s property news
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.
Why letting is better than buying – for the time being
What is best: buy or let? This is an age-old question.
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.
Prognosis for property market remains weak
’Tis not yet the season for property investors to be jolly, as property fundamentals continue to stutter. This is the prognosis contained in the latest issue of Rode’s Report on the S.A. Property Market.
Committed new office developments increasing steadily
Even in the face of lacklustre demand for office space, uncertain economic conditions and jaded business sentiment, the number of committed new office developments is increasing steadily.
Property in the doldrums
Set against the backdrop of moderate economic activity and floundering business confidence, non-residential property fundamentals continue to struggle. This is according to property economist Erwin Rode in the latest issue of Rode’s Report on the S.A. Property Market.
Slumping business confidence undermines building-construction activity
Despite favourably low interest rates, a turnaround in fortunes for stakeholders in the building-construction industry should not be expected any time soon.
Key drivers of office demand losing their oomph
For now, no sudden improvement in the demand for office space can be expected as key demand drivers are losing their vigour. This is the opinion of property economist Erwin Rode in the latest issue of Rode’s Report on the S.A. Property Market.