Commercial supply data for the period January-August shows that the level of planning activity measured in m² remains strong relative to previous years, growing by 12% on 2005. Completed developments are still coming out the ground at a relatively slower pace, with the y-t-d growth presently at only 1.82 % overall. Provided the economic porridge is just right, anticipation of a commercial development upswing remains high for the medium to longer term.

Marc Schneider
Research
eProp
Tel: 011 441-0377