National property management company Trafalgar has announced the merger of its Garden Route operation with that of Choice Property Management Services in Knysna, which it recently purchased.

The Trafalgar residential rental index rose by 11,2% in the year to June despite signs of SA’s residential tenants coming under increasing financial But most of that happened last year.

Despite softer residential rental demand appearing in 2008, the Trafalgar index rose by nearly 13% from January to December

“Rents and yields could become more important than price,” says Andrew Schaefer, MD of national property managers Trafalgar . “And that would be a healthy step forward in what could be the world’s fastest growing asset class – buy to let

The shortage of low cost rental accommodation in SA’s large cities is becoming worryingly acute, say Andrew Schaefer, MD of national property managers Trafalgar