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S.Africa: Office space under pressure in year ahead

Posted on 21 March 2013

Property pundits agree that office property will remain the problematic sector in the next 12 to 18 months with dominant retail centres likely to be the best performers. Vukile Property Fund CEO Laurence Rapp believes that — consistent with last year — the market will continue to “see the office property sector under pressure”.
While Rapp believes the performance of the industrial property sector will continue to improve, retail property will continue to be “the preferred asset class given its growth potential but inherently defensive nature”………………………………………..Full Article: Source


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