Property Confidence

Property Confidence
eProp.co.za - 27 July 2005

Search statistics on eProp highlights that the market is seeking retail space.

Thus far, based on responses from the above companies, the anticipated conditions for end 2005 continue to be positive for the sector. On an index basis (50=neutral outlook), the outlook for industrial property for the next six months is slightly up from earlier in the year (79 v 77); for offices the reading has improved to 82 from 73 previously; and for retail the outlook has come down slightly to 68 from 73.

At the regional level, the confidence in Gauteng Industrials remains the same as 6 months prior; it has increased in the W. Cape and come down slightly in KZN and is marginally up for respondents taking a National view. For the office sector, all the provinces are showing a stronger outlook. For retail, in both Gauteng and KZN confidence remains the same as previously recorded, and from the W. Cape and National perspectives it has come down.
Contact Collins Properties

Email

info@collinsproperties.co.za

Office Phone

South Africa : 021 422 2209
International : +27 21 422 2209

Fax

South Africa : 021 422 1798
International : +27 21 422 1798

Physical Address

36 On Long, Long Street
6th Floor
Cape Town
8001

Postal Address

P.O. Box 16033
Vlaeberg
Cape Town
South Africa
8018