State of the property market in quarter 3 of 2023

Lynette Smit
19.10.23 11:59 AM Comment(s)

The following are significant findings or conclusions made in this issue of Rode’s Report:

  • Prime offices continue to shine with lower vacancies 
  • Office rentals in Cape Town are blooming 
  • Low industrial property vacancies persist 
  • Industrial stand values are growing, but at a slower rate 
  • Industrial and retail property cap rates rise 
  • Value of home loans granted plunges 
  • Flat vacancies remain stable

Lynette Smit