Posted by Viruly Consulting.
Posted by Viruly Consulting.
Posted by Viruly Consulting.
The vacancy rate is probably the closest that the property market has to a coincident indicator. The recently published SAPOA vacancy rates suggest that the South African office market remains weak and that rentals will remain under pressure in 2010.
Of the twenty Johannesburg nodes measured by the SAPOA only six nodes showed an improvement in vacancy rates in the past quarter. These include Bedforview, Constantia Kloof, Houghton, Melrose and Randburg. But in general the conditions ...
Posted by Viruly Consulting.
The Dubai property has a seen a decade of phenomenal growth, with the amount of commercial and residential space more than doubling every year. Easy finance, the availability of land, and a conducive regulatory environment provided the steroids for a property boom. But, things changed in 2009. Approximately half the planned projects have been put on hold and estimates suggest that there is sufficient stock to meet take-up for the next decade.
While this slow down can be blamed on the global ...
Posted by Viruly Consulting.
If you think that rentals are high in the standard South African Shopping centre , consider retail rentals on the corner of Jeppe Street and Delvers Street in the Johannesburg CBD .
A recent workgroup co-ordinated by Hannah Le Roux and sponsored by the Goethe Institute considered the dynamics around certain buildings in the Johannesburg inner city . What is interesting about these buildings is that they are primarily let to Ethiopian retailers – in a sense creating an i...
Posted by Viruly Consulting.
Posted by Viruly Consulting.
Posted by Viruly Consulting.
Posted by Viruly Consulting.