Main findings of the report are as follows:
Given the price pressures and stagnant economic outlook, it appears that the year 2013 will prove challenging to the already strained consumers and business environment.
A shortage of prime properties is forcing a number of blue chip companies to take up space in new developments in prime nodes whilst the secondary market continues to suffer under the subdued economic environment.
Whilst the industrial sector shows some improvements this quarter, concerns around the economy are expected to impact on the sector.
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Jones Lang LaSalle South Africa are global commercial property transactors and advisors who specialise in Corporate Solutions, Capital Markets, Tenant Representation, Office Leasing, Industrial Leasing, Valuations and Research.