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Business parks report 60% occupation compared with last year

Most landlords with vacancies going into the lockdown period reported slower than expected uptake of space once businesses opened up again.

Posted at 11:32AM Dec 10, 2020 by Editor in Commercial  | 

Commercial property values set to keep falling

South Africa's economy is expected to return to positive growth in 2021, but commercial property values are expected to continue to devalue as the market catches up with the impact of the recession.

Posted at 04:42PM Nov 30, 2020 by Editor in Commercial  | 

Commercial property falls from decade high

The lockdown and resultant deep recession have taken their toll on the commercial property market, dragging capital growth deeper into negative territory in the first half of the year.

Posted at 11:42AM Oct 20, 2020 by Editor in Commercial  | 

Bumpy ride for malls, tenants

South Africa's retail sector has taken a beating following the lockdown with decreased foot traffic and sales at shopping malls

Posted at 08:56AM Oct 13, 2020 by Editor in Commercial  | 

Slight uptick in commercial property rentals

The FNB third-quarter Property Broker Survey of commercial property rental market conditions showed there had been a slight recovery in industrial and retail market activity.

Posted at 08:48AM Oct 13, 2020 by Editor in Commercial  | 

Subletting can be a good option for landlords

Owners of buildings that remain for office use will have to consider how to best manage their space - and tenants - in these uncertain and economically weak times.

Posted at 03:33PM Jul 23, 2020 by Editor in Commercial  | 

Fairvest disposes of Tokai Junction

Fairvest announced the finalisation of the due diligence for its disposal of Tokai Junction, a 7 618m2  retail centre in Constantia, Western Cape to FPG Holdings Proprietary Limited for R180 million.

Posted at 03:24PM Jul 14, 2020 by Editor in Commercial  | 

Growthpoint expects 15% drop in income

Growthpoint Properties, the biggest property investment company on the JSE, said yesterday that it expected its distribution per share and distributable income per share to fall by 15 percent in its 2020 financial year compared with 2019.

Posted at 04:07AM Jul 13, 2020 by Editor in Commercial  | 

Property refinance could save your business

Even as lockdown regulations ease and the economy reopens, many businesses continue to face serious cash flow issues that could force them into closure.

Posted at 03:45PM Jul 06, 2020 by Editor in Commercial  | 

'Retail property apocalypse talk grossly misplaced'

All talk in the market of a retail property apocalypse, which had been made worse by the Covid-19 pandemic, was misplaced, Vukile Property Fund chief executive Laurence Rapp said yesterday.

Posted at 11:21AM Jul 02, 2020 by Editor in Commercial  |