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Could SONA Mean Development in Lanseria Precinct?

Could SONA Mean Development in Lanseria Precinct?

Where is the next big growth area in South Africa? The smart money is on Lanseria North-West of Johannesburg after President Cyril Ramaphosa reiterated the government’s commitment to developing a new smart city https://techfinancials.co.za/2020/02/14/president-ramaphosa-is-preparing-to-build-a-5g-ready-smart-lanseria-city/ there in his recent SONA address. The project, officially known as  Mega Project for Integrated Residential Development at Lanseria Airport City […]

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Waterfall Office Vacancy Rates Point to Popular Growth Area

Waterfall Office Vacancy Rates Point to Popular Growth Area

Vacancy rates across Johannesburg tell a story about an excess of office space and low economic growth. One of the few exceptions to this is Waterfall, just south of Midrand, with a vacancy rate of just 4,2% according the SAPOA office vacancy report  www.sapoa.org.za/media/5369/ovs-q4-sept-2019.pdf”> Compared to the 17,2 % vacancy rate in Midrand overall, it’s […]

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Township Malls: Room for Growth?

Township Malls: Room for Growth?

Are there still opportunities for South African property investors in retail? Statistics shows that while the expenditure per person on retail has increased in South Africa, expenditure per square meter in shopping centres has declined. Township malls are bucking the trend, however, Fairvest Property Holdings, which owns 42 retails sites mainly targeting the lower income […]

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