Blog categorized as News

Property valuation firm Rode & Associates, has been honoured with top awards from the authoritative publication Professional Management Review (PMR.africa) in this year’s 2017 PMR.africa rankings.

Property, whether directly held or listed, was the darling of South African investors over the past decade and longer.

Nationally, the growth in house prices continues to be undermined by its underperforming key drivers.

Property valuation firm Rode & Associates, has been honoured with top awards from the authoritative publication Professional Management Review (PMR.africa) in this year’s PMR.Africa rankings.

The Pretoria decentralized office market continues to suffer from the aftermath of overzealous development coupled with weak demand for space to rent. This statement especially applies to Centurion, one of its largest and most popular office areas.

For now, the current cooling in the growth of retail sales volumes and contracting import volumes do not bode well for the demand for warehouse space to rent, and consequently market rentals.

The leading business-cycle indicator continues to signal that even weaker economic activity should be expected, which bodes ill for the housing market.

Prime office vacancy rates in Cape Town decentralized are at their lowest level in more than seven years.

Prevailing weak and low levels of business sentiment are set to keep the demand for industrial space at bay, and the outcome of this will be continued moderate growth in market rentals for industrial space.

Until there is a significant turnaround in the performances of the manufacturing and retail sectors, strong growth in industrial market rentals cannot be expected.

Nationally, office vacancy rates are finding it hard to drop. And, given the under-performance of important drivers of office demand, a sudden improvement in office vacancy rates should not be expected.

Over the past few decades the tertiary (services) sector of the SA economy has been growing in relative importance – as has been the case in the developed world.

Property valuation firm Rode & Associates, has been honoured with top awards from the authoritative publication Professional Management Review (PMR.africa) in this year’s 2015 PMR.Africa rankings

At the end of last year, house prices in Cape Town and Bloemfontein were accelerating, while the exact opposite was happening in Port Elizabeth – this according to the latest Rode’s Report on the SA Property Market.

Smaller houses are showing the strongest growth — this according to the latest Rode’s Report on the SA Property Market.

A few premier office nodes in some of the country’s major cities are showing decent growth – this according to the latest Rode’s Report on the SA Property Market.

The valuation of a substantial track of developable vacant land with the potential for township establishment poses special challenges to property valuers.

Stalled by low levels of business confidence and weak growth in employment, strong growth in the demand for office space to rent has in recent years not been forthcoming.

The key drivers of house prices and residential rentals are showing no vigour, according to the latest Rode’s Report on the SA Property Market.

Insufficient demand for building work remains the biggest constraint to a rebound in building activity, which is stating the obvious when considering the current jaded state of the economy.