On the back of improving sentiment, global real estate investment is projected by Savills World Research to rise by 7% to US$747 billion in 2024, with further growth to US$952 billion forecast for 2025, says Andrew Dewey, MD of Swindon Property, which is Savills’ commercial associate in sub-Sarahan- Africa.
International launch of Sibaya Mega Property
London's landmark 'Gherkin' office tower goes on sale for about GBP650m after being placed into receivership.
5th Avenue Properties, one of South Africa's leading commercial property brokerages, have announced their strategic alliance with London Stock Exchange listed global real estate advisor, Savills UK and European businesses, in the commercial property sector.
In 2012, take-up reached 2,38m sq m representing a fall of 3.4% yoy, which put an end to the upward trend of the last two years.
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