An emerging trend for property investment in China is ‘HOPSCA’, (hotel, office, parking blocks, shopping centres, apartments) and JHI investgates whether they can redirect some of this energy into Africa.
A 40 000sqm shopping centre well situated in busy Ondekkers Road in Roodepoort has been sold for close to R300 million to a West African investor
Retail development in Mozambique is set to increase significantly over the next few years, says Wayne Wright, business development director for JHI property services company.
South African property investors have to start investing in there rest of the continent because there are "major opportunities being overlooked", says Wayne van der Vent, head of property investments at the Public Investments Corporation.
South African institutional asset managers are increasingly refocusing their attention to real estate acquisitions in the rest of Africa, says property services group JHI.
There is less need for tenant concessions, such as rent-free periods and high tenant installation allowances, given improving commercial property market fundamentals in SA, says Wayne Wright, director: Gauteng broking and international of JHI Real Estate.

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