Emerging black business flocks to the CBD 19

Posted On Tuesday, 13 February 2001 03:01 Published by eProp Commercial Property News
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An increasing number of new black-owned business enterprises were opting to set up shop in the Johanneburg CBD, Kendal Probert, an Old Mutual Properties portfolio manager, said at the weekend. 

Kendal Probert

 

 

 

 

 

 

 

 

Probert said 60 percent of the 17 CBD deals Old Mutual Properties concluded in the last quarter of 2000 came from new black-owned business enterprises.
She said Old Mutual Properties continued to experience an upsurge in demand for property in the CBD and had employed a dedicated CBD letting manager and two additional letting consultants exclusively for CBD rentals
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