Nationally, office vacancy rates are finding it hard to drop. And, given the under-performance of important drivers of office demand, a sudden improvement in office vacancy rates should not be expected.

There is surprisingly still some life in the industrial property market because few speculative buildings are erected, in contrast to the office-building market.

The annual Real Estate Investor Conference will be jointly hosted by Rode and REIM this year and will take place in September in Johannesburg, Cape Town and Durban.