As of Q2 2017, just over half of U.S. commercial leases tracked by MSCI were set to expire within five years.

A deposit is a predetermined sum of money which a tenant is required to pay the landlord before taking occupation of any commercial premises.

As the main source of income for commercial buildings, tenants are key, highlighting tenant retention as a primary focus for building owners and managers.

The developers behind Somerset West’s acclaimed Waterstone Village are celebrating the opening of their anticipated destination centre, a R400-million mixed-use retail and convenience development called The Sanctuary. 

While the look ahead will be challenging for the South African property industry as a whole, there are still pockets of opportunity for investors, landlords and tenants, says Tim Cable, director, who now heads up the real estate sector in South Africa for global professional services consultancy, Turner & Townsend.

Commercial properties can host a variety of different tenants. What makes the property successful for both landlord and tenant will be whether the tenant mix works for everyone.

Monday, 25 January 2016 15:08

Trouble-free rentals: six tips for tenants

Under ideal circumstances, renting a property should be a smooth and hassle-free process.

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.

Monday, 09 March 2015 12:47

TPN launches Rental Monitor Q4 2014

2014 ended on a positive note for landlords and rental agents, with 86% of residential tenants recorded as being in Good Standing.

JOSHCO makes Johannesburg a more liveable City by investing more than R1.8 billion

Page 8 of 9

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