Landlords need to look at their lease contracts, taking into account accelerating operational costs –Abacus DIVISIONS

An increasing number of commercial landlords are being  placed under severe pressure with the continual increase  in rates and taxes, as well as utility bills from councils, which, in some cases, have risen by as much as 300% over the last year.   This is according to Org Geldenhuys, managing director of propertymanagement and development … Continue reading →

The growth in the property market  is going to come from smaller offices and sectional title offices, with purchase figures of around R1. 5 million to R2 million being the median price, said Org Geldenhuys, managing director of property management and development company, Abacus DIVISIONS. “This domain is the domain of the owner/occupier who, until … Continue reading →

It appears that the industrial property market is leading the slow comeback in the commercial property market – certainly in the greater Irene and Centurion areas – where industrial space is being “snapped up”. This is according to Org Geldenhuys, managing director of property marketing and development company, ABACUS DIVISIONS. “In our area of operation, … Continue reading →

Renting office space in a secure office park can save you up to 10% on your total rental bill – Abacus DIVISIONS

Renting offices premises in security office parks is not necessarily more expensive than standalone offices. In fact, tenants could save as much as 10% on their rentals due to “critical mass savings on security costs”.   This is according to Org Geldenhuys, managing director of property management and development company, Abacus DIVISIONS. “There is often … Continue reading →

http://www.property24.com/articles/buying-homes-and-commercial-property/18515?SourceFeed=News24

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