Property valuers Rode & Associates has once again been recognised for its outstanding expertise in property valuation.
Readers of the coming Rode’s Report may notice that the publication no longer includes “location” as a determinant of grading.
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.
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.
A “lack of vigour” may be the best way to describe current performance across the full spectrum of property in South Africa.
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.
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.
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.
Until there is a significant turnaround in the performances of the manufacturing and retail sectors, strong growth in industrial market rentals cannot be expected.
The sentiment levels of consumers are sliding, which is not good news for the retail property market.
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