Property fundamentals to stay strong: Vukile

Posted On Monday, 30 June 2008 02:00 Published by eProp Commercial Property News
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Unit holders can expect reasonable growth in distributions for the year to March despite adverse market conditions.

Anton Botha










Despite adverse market conditions, property fundamentals should remain fairly strong and unit holders can expect reasonable growth in distributions for the year to March 2009, says property loan stock company Vukile.

In the company's 2008 annual report, chairman Anton Botha says while tougher business conditions will no doubt have a negative effect on the demand for space, these same conditions will also limit the supply of space and should therefore continue to put upward pressure on rentals.

Last modified on Monday, 21 April 2014 15:39

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