In contrast to office and retail there was an increase of 17% in the value of transactional activity, totalling just over R1.4 billion.

Office buildings are the most traded assets by volume having registered 56 transactions in 2012 from 28 in 2011.

The value of commercial property transactions for 2012 totalled R16,7 billion, down 5% from R17,7 billion transactional value for 2011.

The leasing activity in Budapest was mainly dominated by lease renewals and subdued development activity throughout 2012.

Wednesday, 06 March 2013 09:46

Sandton the largest commercial property node

Sandton is the largest commercial real estate node in the decentralised area in Johannesburg.

Wednesday, 20 February 2013 13:53

Cape Town Real Estate Overview – Q4 2012

A two tier market exists in Cape Town where demand for quality buildings and prime location is prevalent reflected in competitive rentals and low vacancies. On the other hand secondary buildings and secondary nodes are struggling with high vacancies and suppressed gross rentals.

Investors are increasingly putting in more capital into commercial real estate, particularly in the Asia Pacific region and direct investments in this segment are likely to more than double to USD 1 trillion by 2030, says a Jones Lang LaSalle report.

Across most of Asia Pacific, expansion demand in the Tier I office markets remained subdued in 3Q12 on the back of corporate caution and slower economic growth.

Jones Lang LaSalle (JLL), one of the leading Global Commercial Property Transactors and Advisors have joined forces with leading Cape Town property broking firm Baker Street Properties. 

Jones Lang LaSalle’s third quarter 2012 Global Office Index, released today, reveals a stable outlook for global prime office rental growth in 2013 with the majority of major markets expected to register single-digit rental growth.

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