State of the property market in quarter 4 of 2007
The following are significant findings or conclusions made in this issue of Rode’s Report:
- Higher risk brought on by electricity shock might soon be reflected in capitalization rates
- Pretoria and Durban decentralized office rental growth lagging behind
- Industrial rentals continue to grow fervently
- Exceptional growth of industrial stand values sustained by industrial rental’s leveraging effect
- People of colour dominating lower-priced house market
- Non-residential building ambitions cooling off as well
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