South African commercial property proving attractive to investors, claims expert | 30 April 2013
South Africa’s commercial property market continues to offer value to potential investors, according to one property expert speaking at a Business Partners seminar.
Cited by networkafrica.com, Gerrie van Biljon believes that investing in commercial property as a long term investment strategy offers ‘attractive risk adjusted returns in comparison to other investment or asset classes’.
He also believes it could be lucrative if firms see the property as a long-term investment or as an property for their own business.
“Money market and capital market returns offer low yields for investors in comparison to properties,” claims van Biljon, speaking to sacommercialpropnews.co.za. “We therefore believe that commercial and industrial property remains an attractive investment for entrepreneurs, either as a sound long-term investment or to secure tenure for their own business operations.”
However, investing in commercial property has a lot more to do with the health and factors linked to businesses rather than the general condition of the market, claims can Biljon.
“If a business is doing well in a prime retail location and the location is important for the future viability of the business, buying should be considered,” he added.
Business owners should also research the location as well as the funding structure when purchasing commercial property – this way, the business owner can “reap the benefits” of ownership, he concludes.
The views expressed in this post are those of the author and are not necessarily those of Qube Global Software. All facts are verified where possible directly by the author.
Qube Global Software wins Industry Supplier of the Year Award for 2nd consecutive year | 2 December 2016
Qube Global Software won Industry Supplier of the Year at the News on the Block Property Management Awards for the second year running.
We have partnered with the Facilities Show to host an exclusive webinar on the relationship between facility, property and estate managers and their service providers and contractors.
We are delighted to announce that Qube Global Software has been shortlisted in the Industry Supplier of the Year category at the Property Management Awards 2016, hosted by News on the Block.