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Weak demand impacts on industrial property, office rentals – Rode

By: Anine Kilian     30th October 2017 A lack of vigour may be the best way to describe the current performance across the full spectrum of property in South Africa, says property economist Erwin Rode. In the industrial property sector, contractions in spending on durable goods are impacting on the demand for locally manufactured... 

Industrial property market dependent on retail, manufacturing

By: Megan van Wyngaardt     22nd July 2015 Unless the manufacturing and retail sectors achieved a significant performance turnaround, strong growth in the industrial property market cannot be expected, Rode & Associates chief property economist Erwin Rode says, noting that the growth in manufacturing output and retail sales volumes had,... 

Report confirms inverse relationship between property prices, unemployment

By: Natalie Greve     28th April 2015 The “robust” inverse relationship between the rate of unemployment and housing prices continues to confirm that the average price of homes is largely driven by the performance of the local economy, the latest ‘Rode’s Report on the South African Property Market’ has revealed. According to the... 

Prices of small houses increasing – report

By: Natalie Greve     13th October 2014 A recent report that analyses First National Bank’s house price indices for full- and sectional-title homes of various sizes has found that the prices of smaller houses are not only accelerating faster but are also showing stronger growth that that of larger houses. Rode’s Report on the South... 

Office rentals showing ‘pockets of decent growth’ – Rode’s Report

By: Creamer Media Reporter      5th May 2014 A few premier office nodes in some of South Africa’s major cities have registered “decent growth” during the last quarter of 2013, the latest Rode’s Report on the country’s property market showed. Growth in nominal rentals in Menlyn, in Pretoria, at 12%, Century City, in Cape Town, at 10%, and... 

Report shows mediocre growth in commercial, industrial rentals

By: Natalie Greve     11th November 2013 A weakening of South Africa’s services-related industries, as well as a downswell in overall business confidence, has driven mediocre growth in market rentals of office space, with office rentals in Johannesburg and Cape Town demonstrating “lacklustre” growth of 6% in the second quarter of the... 

SA industrial rentals slowly recovering

By: Idéle Esterhuizen     30th April 2013 The yearly growth in industrial rentals was slowly recovering in South Africa, seemingly benefiting from the lagged impact of declining vacancy rates, property consultancy Rode & Associates’ latest report on the local property market has revealed. “In fact, such has been the acceleration in the... 

Nonresidential properties remain subdued in Q2

By: Natasha Odendaal     1st November 2012 High office and industrial property vacancies persisted during the second quarter of 2012, as moderate economic activity and floundering business confidence subdued demand, the latest 'Rode’s Report' has found. In his latest review of the South African property market, property economist Erwin... 

Rode report sees weak demand for office space

By: Natasha Odendaal     18th July 2012 As the key demand drivers in the property markets lose their vivacity, the latest report by property consultancy Rode & Associates has found that first-quarter output in the services sector was “discouraging” for the office demand and vacancy-rate outlook. Property economist Erwin Rode believed... 

South African property recovery failed to take off in 2011

By: Megan van Wyngaardt     27th April 2012 South Africa’s commercial real estate market maintained modest growth over 2011, producing a 10.4% total return according to the South African Property Owners Association (Sapoa) and performance analysis company Investment Property Databank’s (IPD’s) yearly South Africa Property Index report.... 

Sandton leading grade-A office market recovery

By: Natasha Odendaal     3rd April 2012 The Sandton central business district (CBD) achieved a rental growth of 16% during the fourth quarter of 2011, Rode’s report on the South African Property Market found. Sandton’s CBD reported declining vacancy rates and improving demand for grade-A office space, indicating that Sandton could be... 


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