About Me

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I am a qualified Attorney. I specialise in Property Law, Commercial Law, Corporate Law and Trusts.
 
Please visit our website at www.prop-law.co.za for more details.
 
I am an elected Committee Member of the Property Committee of the Association of Pretoria Attorneys and through my involvement, I like to ensure that I am constantly at the "sharp-end" of Conveyancing Practice.

I am the elected Chairman on the Gauteng Council of SAPOA. The South African Property Owners Association (SAPOA) is the biggest and most influential institution in the property industry. SAPOA members control about 90% of commercial property in SA, with a combined portfolio in excess of R150 Billion (about $22 Billion). I am also on the National Council and the National Legal Committee of SAPOA.
 
Member of the Institute of Directors South Africa and Member of the Sirdar Governance Panel.

15 August 2011

Global office rentals on the mend.

Global office rentals on the mend

While global office rents increased 4.3% year-on-year in the first quarter of 2011, according to CB Richard Ellis’s Q1 2011 Global Office MarketView, rentals in South Africa have remained stable, Broll Property Group reports.

South Africa is currently a tenants’ market. Landlords are willing to look at favourable deals to retain tenants, but South Africa’s rentals are on par with international trends. We face the same challenges. Unemployment is rising and companies are downsizing and consolidating to ensure their future. Obviously, that affects their property requirements.

The South African property market lags behind the EMEA market by 12 to 18 months.

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