Commercial Prop News 6 Dec

Hyprop’s tenants report improved trading pre-Black Friday
All of Hyprop Investments’ dominant retail centres in SA and Eastern Europe have recorded more buoyant trading conditions over the past few months. In its pre-close operational update, the REIT said……more

Industrial property continues to outperform, even amid pressure on manufacturers

Industrial properties continue to outperform both office and retail assets, with rental growth averaging 5.1% so far this year, well up from the 2.2% for the full 2021, according to the latest Rode Report on the SA property market.
The……more

Does a City’s Population Size Impact its Quality of Life?

The Bigger the Better?
 https://is.gd/pycpsx
 Does a City’s Population Size Impact its Quality of Life?
City living isn’t everyone’s cup of tea—the world’s most populous cities especially can be hectic, noisy, and busy.
Yet, despite the chaos of urban life, cities……more

Nersa methodology for municipal electricity tariffs ‘unlawful, invalid’

Nersa methodology for municipal electricity tariffs ‘unlawful, invalid’
By Moneyweb
Energy regulator Nersa has been sent back to the drawing board after the High Court in Pretoria declared the methodology it has been using for at least a decade to determine……more

State-proofing SA’s commercial real estate industry

“There is no doubt that the property industry is in the midst of a structural change”. This was one of the opening comments made by Nedbank Chief Economist, Nicky Weimer, at SAPOA’s 2022 Convention and Property Networking which took place……more

Property rates costs have increased by more than inflation across SA

Property rates costs have increased by more than inflation across SA

Property rates (levied as a rate in Rand by municipalities) have increased sharply in recent years, rising by more than 50% since 2010 and when viewed from an……more