06.04.2009 - SA’s property boom

From Thezimbabwestandard.com: INVESTMENT in South Africa’s commercial real estate market produced double-digit nominal total returns for 2008 at 13.0%, according to the results of the SAPOA/IPD South African Property Index. However, according to the index, with last year’s high inflation rate of 11.5% factored in, these returns equate to inflation-adjusted ’real returns’ of just 1.3% for 2008.....Full Article: Source

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