Access to a global tenant profile reduces risk of non payment in rental brackets above R25 000 in a difficult in South Africa market.

oobainsure, the insurance arm of bond originator ooba, announced the launch of Rent Protector, a new product that will offer tangible financial benefits to tenants, landlords and agents. 

In South Africa, 50% of shoppers see stopping for something to eat and drink as an important part of the experience when visiting a centre.

Putprop Limited’s rental income set to suffer as major tenant, Larimar Limited, not renewing leases.

Rental growth continues to move at a steady pace, with the annual rate of growth on prime office assets across the 95 major markets covered by the JLL Global Office Index standing at 2.3% and around 70% of all markets recording rental uplift over the past year.

Options on retail lease agreements that give shopping centre tenants certain future rights, often with punitive effects for the shopping mall owner, have come under the spotlight as SA’s retail centre industry matures and evolves to meet modern shopping trends.

The Western Cape High Court found in favour of a landlord who was owed in excess of R300 000.00 by a tenant due to the non–payment of electricity bills.

Broll Property Group says exclusivity clauses hamper leasing opportunities that could potentially benefit property assets.

The Mpumalanga department of public works has recommended remedial action of the public protector's report relating to the unlawful awarding of tenders for shop leases in Pilgrim's Rest.

Property owners, landlords and investors in the commercial sector will probably not be surprised that the numbers for Q4 of 2013 indicate a drop-off in rent paid on time and in full.

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