Despite positive activities, tenants are still taking extra time in decision-making. The downsizing trend continues as tenants adopt workplace methods and hybrid working arrangements placing overall occupancy and rents beneath stress Real Estate News in both CBD and non-CBD areas. A related trend was seen final year when Grade A web demand was in the positive territory whereas the general Grade was still unfavorable as of the third quarter.
- There are robust signs of a optimistic about flip for South Africa’s property sector during 2024 with key indicators pointing to a shift from a buyers’ to a sellers’ market.
- Real estate dealer ideas, trends, and methods on how to operate a enterprise for long-term success.
- Consequently, new launches have remained limited – a similar trend because the starting of the pandemic as developers’ response to the lackluster market situation.
- Wealthy Indians investing in UAE, European realty for life-style, returns Currently, rental yields in regions like Sharjah and Abu Dhabi vary from 6-8 percent, while Dubai has the highest yields, at 9-10 percent.