Seeking out value - Upgrading to Parktown
The latest national office vacancy estimates are marginally above 10% and in certain of Johannesburg’s northern suburbs it is as high as 12%.
Retail sector transactions in 2012
The total value of retail in 2012 was R7.7 billion a decrease of 14% when compared to R8,9 billion transactional value in 2011.
Single occupier industrial assets drive increase in transactional activity
In contrast to office and retail there was an increase of 17% in the value of transactional activity, totalling just over R1.4 billion.
South African Commercial Real Estate Transaction Review
The value of commercial property transactions for 2012 totalled R16,7 billion, down 5% from R17,7 billion transactional value for 2011.
Occupation cost is crucial
Accommodating your company’s staff is an expensive business. Research shows that after salaries and IT expenses the cost of office accommodation is generally the organisations third largest cost
Most Popular
Bryanston the top selling suburb in South Africa in sales volume and total purchase price achieved in 2023
Emira Property Fund boosts its liquidity with R1.1bn Cape Town property portfolio sale to Spear REIT
Parkdene Boulevard Shopping Centre redevelopment bolsters growth of Boksburg node
Factors to consider when navigating real estate investments in SA
Minor Hotels and The Cavaleros Group Sign Hotel Agreement to Debut South Africa’s first NH Collection
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.