Industry News

4th Quarter 2019 FNB Property Broker Survey

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Commercial Property Broker Survey Respondances continue to perceive financial pressure to be the strongest driver of Owner -Serviced commercial property sales and movement of late. Focusing on the keys drivers of movement and sales activity in Owner – Serviced properties, the survey results show financial pressure to be the biggest single driver and this factor […]

Industry News

Understanding zero-rated VAT for a commercial property transaction

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Zero-rated VAT for a commercial property transaction can be confusing and must be properly understood in order to avoid delays. “Previously, it was common industry practice that a brief clause or addendum was utilised with the agreement of sale for a commercial property transaction in order to apply for the zero-rating of VAT,” says Jason Gregoriades, a member of the […]

Industry News

These are some of the potential disruptors to the commercial property market

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The commercial property market has undergone some great changes in the past, says Leon Breytenbach, national manager of the Rawson Property Group’s commercial division, and there could be major changes in the pipeline due to constant technological advancements. Breytenbach discusses potential disruptors in the real estate market in order to better understand their workings and […]

Industry News

Industrial Property tops in real estate

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Industrial property may have a reputation of being the ugly cousin in the real estate sector, but for more than a year it has outperformed retail and offices. While traditional smokestack industrial properties are struggling, the sector’s newer, modern distribution warehouses are booming. Growing demand for online shopping and increased imported products in the market are […]

Industry News

Vissershok Industrial Expansion

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Vissershok Industrial Expansion In 2010, the City of Cape Town announced that they had tabled an application requesting that the underdeveloped portion of the Vissershok site in the Cape’s Northern Suburbs be rezoned as a “noxious industry” area as opposed to a rural area. The reason behind this application was to allow for the extension […]