JSE-listed Investec Property Fund’s joint CEOs Andrew Wooler and Darryl Mayers say the SA property sector’s recovery led to stabilisation of its business, driven by a drop in vacancies and an increase in leasing activity.
Overall, portfolio vacancy rates fell to below 6% from 11.4% at the beginning of the year, while about 92% of financial year 2022 expiring lease agreements were relet, despite the constrained operating environment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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They must be stopped, it's not in the interest of the majority of our people. New Zealand banned the sale of properties to foreigners to protect its people from overdrive in prices. Here we celebrate as prices makes it impossible for locals to buy proper houses. What evil is SA?