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Commercial and industrial properties could be headed for a boom
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http://www.engineeringnews.co.za/article/commercial-and-industrial-properties-could-be-headed-for-a-boom-2011-03-30
Article Headline:
Commercial and industrial properties could be headed for a boom
Abstract:
South Africa’s commercial and industrial property sector might be set for a price boom by 2014/15, if the country was able to maintain sustainable growth over this period, industry experts said on Wednesday. Speaking at the launch of the Rode’s property report, Erwin Rode said that office and commercial renting prices had reached the bottom of a trough and were expected to climb in coming years if the country was able to maintain a financial recovery. “Office and industrial spaces are currently dirt cheap and we anticipate that properties could significantly rise in value for many years to come.”
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