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
Tag Archives: Commercial Property
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
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
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
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
Only a few Industrial stands left at N4 Gateway
There are only a handful of stands left in N4 Gateway, one of the last areas where owner occupiers or investors can buy industrial land in Pretoria. This comes amid reports of a severe shortage of industrial land to develop in the greater Pretoria area. N4 Gateway, a gated industrial estate, is situated on the … Continue reading
JSE property sector cools off a bit
The JSE’s listed property sector – which has been a sterling performer over the past few years – has not managed to maintain its bullish momentum of the past few years of beating the broader all share index. This is according to Org Geldenhuys, managing director of property development and management company, Abacus DIVISIONS. He … Continue reading
People who have done well in developing residential property should be careful when they try and do the same in the commercial space
People who have done well developing and investing in the residential market should be wary when trying to emulate this in the office or industrial sector as a different set of tactics are generally required to make commercial buildings work, said Org Geldenhuys, managing director of property and development company, Abacus DIVISIONS. “Perhaps one of … Continue reading
