Green commercial buildings - A better investment

A recent study carried out by Investment Property Databank (IPD), alongside the Green Building Council of SA (GBCSA), has found energy efficient commercial buildings within South Africa deliver better returns, indicating they are better investments.

The research results of last year indicated that energy efficient buildings had larger occupancy levels, generated higher net incomes per square metre and delivered higher net income growth in comparison to less efficient buildings.

Additionally, these greener buildings consumed around a third less of electricity and half the amount of water, equating to lower utility bills for occupiers and allowing businesses to reduce operating costs.

Commercial People - MIPIM 2015!

Hello, Commercial People South Africa! It’s Friday! However, Commercial People are bustling in each of our offices at the moment as agents are rapidly rolling onto our sites with their latest property listings.

• On www.commercialpeople.co.uk, Instant Offices have over 2,000 serviced offices across the UK – It is guaranteed there is an office available in your desired location. This is alongside many more other agents, surveyors and brokers listing in every Commercial People category from development sites to healthcare properties.
• www.commercialpeople.co.id is looking luxurious as numbers of serviced apartments are for sale – Nothing but gorgeous homes! Also available are offices throughout Jakarta and much, much more different properties across the country.
• Over at www.commercialpeople.co.za, there are a wealth of farms available, complimenting the stunning natural beauty of South Africa. To go with this, business spaces are also on offer including retail, trading and storage space. If in search of a new home instead, the residential listings on our South African sites are all from friendly and ideal locations for your livelihood.
• What ever business you are planning in India, the correct space is definitely on www.commercialpeople.in. Perhaps you wish to buy? Or rent? Not a problem, both options are available, suited for your needs and your business. There are also so many brand news home available for you to settle down in, even homes still under construction and you could live there first! Just make sure don’t delay, get your enquiries in soon -Visit our websites now.

You’ve probably seen our informative posts on Facebook, Twitter, Linkedin, Google+ and now, Instagram. But did you know we have individual pages on each social media platform for each country Commercial People have launched in? Commercial People will always keep you up to date with the latest listings and hot news across the property industries. Check out our sidebar to the left of each country’s blog for each respective country’s social media links.

So what’s next? 

Global retailers look to South Africa

Recent research by CBRE has revealed global retailers as well as retail property investors are seizing advantage of South Africa's appeal as a competitive retail destination.

This is as it was reported that South Africa is presently ranked at 53 out of 61 countries in terms of international retailer presence - up 14% during 2013 – As reported by the director of research and marketing, Elaine Wilson at Broll Property Group, part of the CBRE affiliate network.

The increased ranking indicated growing interest from retailers around the world.

Johannesburg has the highest volume of global retailers and includes recent entrants such as City Chic, H&M, Lush and Lovisa.

Listed property outperforming

South Africa's listed property will remain to attract investors seeking firmer ground for trading.

Last year, equities outperformed the listed property sector as an asset class, although head of property funds, Keillen Ndlovun at Stanlib, delivered convincing reasons to include listed property in investors’ portfolios, during last month’s IPD SA conference in Sandton.

He quoted the Hebrew proverb, “He is not a full man who does not own a piece of land.”

Listed property of South Africa delivered total returns of 8.4% last year, overtaking cash and bonds. Bonds returned 0.6% as cash returned 5.2%. Last year however, since 2009, equities overtook listed property for the first time, with a 21.4% total return, over double the sector’s 8.4%. Over the previous 15 years, listed property has overtaken bonds by 13.3% each year, a direct consequence of the asset class’s ability to produce inflation-beating income growth.

Sandton development

In just four years, Sandton is scheduled to see the opening of Discovery’s latest 87,000 square metre head office.

The head office is to be developed by Growthpoint Properties and Zenprop, in a joint venture which has been called the largest single commercial office development of Africa.

55% of the building will be owned by Growthpoint, as the remaining 45% will be owned by Zenprop.

Growthpoint’s CEO, Norbert Sasse explains that this is systematically four/five years’ worth of property acquisition – A longer term project than it may seem.

The head office will be situated at the corner of Katherine Street and Rivonia Road, a region which has become a commercial development centre during recent years.

Kyalami track under auction

Kyalami racetrack, host to Formula One Grand Prix races for almost twenty years, is to be sold and may be given to motorsport, according to auction organisers today. 

A minimum price of 200million rand ($19million) has been set for the celebrated circuit upon 72 hectares of land within a rapidly developing region, North of Johannesburg, as claimed by a representative of the High Street Auction Company. 

It is said if a developer is to purchase the track, the nature of the Kyalami property would be expected to vary quite considerably, with the possibility of there no longer being a track. 

However, some potential buyers were looking at the possibility of keeping the track whilst developing its surroundings. 

First post!

Hello, South Africa! We hope you're having a good day. We're happy to announce our website is now LIVE!

www.commercialpeople.co.za

Commercial People deliver a property search portal. Initially set up to advertise commercial properties for sale or rent, we are also Residential People, advertising houses and villas to studio apartments. We are global, already listing on www.commercialpeople.co.uk (our UK headquarters) and www.commercialpeople.co.id (Indonesia). 

In preparation for the launch, we also created this current blog layout. What do you think of it?