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A low growth economy and a rising cost of living has given property investors pause for thought.
In today's fast moving and economically challenging business environment it is increasingly necessary to have access to available funds in order to secure transactions as they arise or reinvest capital into a business at short notice.
Commercial property lending is critical to stimulating the development of infrastructure in South Africa, one of the key pillars in the National Development Plan (NDP).
Listed property sector should be able to perform better next year than it did this year, even with the threat of interest rates rising.
Commercial property lending is critical to stimulating the development of infrastructure in South Africa, one of the key pillars in the South African National Development Plan.
Although the impending credit amnesty is aimed at making it easier for credit adverse individuals to obtain finance, South African banks are likely to become even more conservative as lenders have placed huge reliance on credit information from the credit scoring agencies.
Performance of commercial properties in SA is highly dependant on the size and quality of tenants, according to Paragon Lending Solutions CEO Gary Palmer.
Deals such as New Europe Property Investments’ (Nepi’s) proposed acquisition of a Romanian retail park’s debt are more common in Europe than in South Africa, reflecting the relatively healthy state of South Africa’s listed property and banking sectors, analysts say.
A change in the banking landscape in South Africa has seen the banks shift from focusing on interest income to non-interest income, with a strong focus on unsecured lending over the past couple of years.