No recession for commercial and industrial development

No recession for commercial and industrial development. Good news for the commercial and industrial property sector. While residential and retail property take a huge knock, Stats SA revealed earlier this month that the star performer during the 2nd quarter of this year has been construction. Despite South Africa slipping into a technical recession, activity in …

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Get better prices with sole mandate properties

Get better prices with sole mandate properties. The differences between the two types of mandates may seem quite obvious: a sole mandate gives a single agent the exclusive right to market and sell your home, while an open mandate allows any qualified agent to find you a willing buyer. As a seller, you’ll need to …

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Office space being converted

Office space being converted. Presistently high office vacancies, particularly in city central business districts (CBDs), continue to spur conversions to residential units. The latest SA Property Owners’ Association (Sapoa) office vacancy report revealed that the national office vacancy rate declined by 0.4 percentage points to 11.1 percent in the second quarter of this year while the …

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Why global buyers like the Cape

Why global buyers like the Cape. The success of the Cape Town property market is built on a number of pillars such as good governance, the fabulous location, tourism and attractions and the excellent schools and universities. Western Cape and Cape Town schools in particular frequently rank among the best performing when it comes to …

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Retail innovation is knocking

Retail innovation is knocking. Retail trends continue to evolve with the speed and complexity of innovation gaining faster pace every year. What was deemed innovative only a year ago may now be a distant memory and forward-thinking businesses are leading the charge; they are on an accelerated trajectory, driving concepts that are reshaping the retail …

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