Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 

'Opportunities exist' in South African commercial property market

Date : (News Section: South Africa)

Share
'Opportunities exist' in South African commercial property market
There are significant opportunities for investment in South Africa's commercial real estate sector.

Speaking to the Bizcommunity website, chief financial officer of Tintswalo Property Group Gaye Corbett said she is optimistic about the future of the industry, following "impressive results" in some of the country's markets over the past few years.

Among the top performing locations are Johannesburg and Cape Town, both of which have experienced strong capital value growth in the last decade.

"We maintain that substantial opportunities will gradually become available in the near future - including greater viability of the property market in other provinces," Mrs Corbett asserted.

Last month, Gary Palmer, chief executive officer of Paragon Lending Solutions, told All Africa that one of the biggest barriers to commercial real estate investment in South Africa is funding.

He stressed that secondary, secured lenders are vital to the industry if projects are to receive asset-backed financing, as many of the large banks are unwilling to provide the necessary loans in the current economic climate.
 
Share

Article by +Danny Bance on behalf of Propertyshowrooms.com

Related Articles

  1. South African House Prices Set to Stabilise in 2014
  2. South African Property Grows in 2013
  3. SA house price growth could be 'losing momentum'
  4. Consolidation is the focus of South African property market
  5. South Africa embraces standard measurement procedures






Secure Exit Strategy


Let us search for you Let Us find Property in South Africa for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in South Africa.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

Receive your free Halcyon Palms brochure
Investment Property

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: South Africa
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo