Both global retailers and retail property investors are taking advantage of South Africa's appeal as a competitive retail destination, according to research released by global real estate advisory CBRE recently.

The Tower Property funds focussed strategy, which differs from the typical approach to office asset management, has paid off for one building within the portfolio.

Oasis Crescent Property Fund rises 1.47% to R13.80 after saying it has reduced its vacancy level from 15.9% at the end of March last year to 3.2%.

Vacancies in SA’s stock of premier-grade office space remain exceptionally low, despite high levels of speculative development activity, reports the latest edition of the SAPOA Office Vacancy Survey. 

Growthpoint's total vacancy level aggregated across its well diversified SA portfolio reduced by 100bp to a healthy 4% over the six month period ending December 2011; getting such results does not come without cost

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