Commercial Property

Did the commercial property sector lift its head from the doldrums of the financial meltdown?

During the first 6 months of 2015, the commercial property market have seen a noticeable increase in demand for good quality commercial properties from a broad spectrum of buyers. Abacus DIVISIONS concluded sales for investors as well as owner occupiers in price bracket ranging from just above R 1m for a sectional title office to … Continue reading

Route 21 Corporate Park

While the economy is looking strained, growth continues in the industrial property market – Abacus DIVISIONS

While outgoing Reserve Bank governor, Gill Marcus, has once again downgraded South Africa’s growth outlook for this year to 1.5% from the previous estimate of 1.7%, it seems there are pockets of growth in the economy, including in the  industrial property market, which seems to be shrugging off this sluggish news by starting to show … Continue reading

Route 21 Corporate Park

Be sure you have all the facts together when investing in commercial or industrial property

When investing in industrial or commercial property, there are a number of key tips that will go a long way to assisting the intrepid investors playing in this market. According to Org Geldenhuys, MD of property management and development company, Abacus DIVISIONS, one of the first things to consider is to find financially viable tenants. … Continue reading

Route 21 Corporate Park

Only the brave would build an office without a plan

Only the brave –or the foolhardy – would build an office without a plan, such as having a tenant, or anchor tenant, lined up, said Org Geldenhuys, MD of property marketing and development company, Abacus  DIVISIONS. “Although there are areas in the office property market where business is good, there is still, in general, a … Continue reading

Route 21 Corporate Park

Big gap between A and B grade buildings

Rental vacancies in the commercial property sector are generally found in the B grade building sector, while vacancies in A grade buildings or offices are far less – a trend that will continue, or escalate, said Org Geldenhuys, MD of property development and management company, Abacus  DIVISIONS. “In the A grade buildings, or office parks, … Continue reading