Commercial Classifieds Blog

News, tips and ideas on commercial products and commercial services

Octodec coining it on City housing as demand surges

Octodec coining it on City housing as demand surges
JSE-listed real estate investment trust (Reit) Octodec has identified city housing as an area of large growth in property opportunities in the next few years.Gauteng province is home to over 12...
Continue reading
90 Hits

The Oversupply of Retail Space is Becoming More Evident to Pretoria East and It Is Not All Good News

The Oversupply of Retail Space is Becoming More Evident to Pretoria East and It Is Not All Good News

"Shopping Centre demand in Pretoria East is seen to almost tipping over, but more malls are still coming online and it is starting to raise the likelihood of an over-supply of retail stock in the region".

While the region already has 50 formal shopping centres, 11 more proposed centres have been planned in close proximity to the area despite consumers’ seemingly waning appetite for retail therapy.

Continue reading
473 Hits