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.

I think the industry is in a very healthy state. Looking ahead, I think we’re going to see more global companies coming in.

Published in Blog
Thursday, 10 March 2016 13:46

Rural retail growing in South Africa

Spire Property Management recently secured the management contracts for several retail centres in outlying areas of Durban and Johannesburg.

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.

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.

Ongoing high municipal rate hikes are harming communities because of a lack of understanding about the far-reaching impacts of these increases reports Marius Muller, CEO of Pareto Limited. 

Rapid urbanisation, population growth and an undersupply of formal retail space continue to drive growth in the retail sector across Sub-Saharan Africa.

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.

The final quarter of 2013 saw a worsening in residential rental performance, marking a worrisome change in tenant payment behaviour for the first time in nearly three years.

SA Property Owners' Association (SAPOA) sounds warning that a new directive limiting lease terms for the National Department of Public Works (DPW) will have unintended and negative consequences.

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