SA office market showing promising signs As we prepare to soon release the Rode Report of 24Q4, we give you our first insights into the South African property market. The SA office market continued its gradual recovery through the end of 2024, supported by declining vacancy rates and rising rentals. Rode’s data shows that the national weighted decentralised vacancy rate for grades A+, A, and B office space combined fell to 12,6% in the fourth quarter of 2024, down from 14,4% in the fourth quarter of 2023. However, this rate remains above the long-term average of 9,5%, implying that the market is still oversupplied. Gross market rentals for decentralised grade-A space rose nationally by 4,2% in the fourth quarter in 2024, exceeding pre-COVID levels for the first time. Notable growth has been observed in cities like Cape Town and Durban. In the Mother City, nominal decentralised rental growth soared to 11,5% in the fourth quarter of 2024. Here office demand is being supported by perceived good governance and infrastructure reliability. In Durban, rental growth reached 6,2%. Rode found that the office market recovery is slower in Johannesburg due to elevated vacancies, but even here rental growth picked up to 3,3%. Economic optimism and improving business confidence suggest room for further office market growth in 2025, though progress may be slow amid expectations of modest GDP growth below 3%. Subscribe now to get a copy of your Rode Report! Contact mark@rodemedia.co.za or head over to our website https://lnkd.in/dRfMsu74
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Rode Publications tracks and forecasts the property market and beyond. We offer insights with expert assessments from Industry Leaders and Valuation Specialists throughout South Africa.
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https://www.rodemedia.co.za
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𝗥𝗼𝗱𝗲 𝗣𝘂𝗯𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 & 𝗠𝗲𝗱𝗶𝗮 invites brokers to be part of an exclusive panel of property experts driving the industry forward! By joining, you’ll: 𝗘𝗫𝗣𝗔𝗡𝗗 𝗬𝗢𝗨𝗥 𝗜𝗡𝗙𝗟𝗨𝗘𝗡𝗖𝗘: Share your insights and contribute to building the most comprehensive property intelligence in the market. 𝗕𝗢𝗢𝗦𝗧 𝗬𝗢𝗨𝗥 𝗩𝗜𝗦𝗜𝗕𝗜𝗟𝗜𝗧𝗬: Gain recognition as a trusted industry authority featured in our widely respected publications. 𝗔𝗖𝗖𝗘𝗦𝗦 𝗘𝗫𝗖𝗟𝗨𝗦𝗜𝗩𝗘 𝗜𝗡𝗦𝗜𝗚𝗛𝗧𝗦: Access cutting-edge trends, analytics, and forecasts shaping property markets early. 𝗦𝗧𝗥𝗘𝗡𝗚𝗧𝗛𝗘𝗡 𝗬𝗢𝗨𝗥 𝗡𝗘𝗧𝗪𝗢𝗥𝗞: Collaborate with other industry leaders and key stakeholders to stay ahead in a competitive landscape. 𝘏𝘦𝘭𝘱 𝘶𝘴 𝘪𝘮𝘱𝘳𝘰𝘷𝘦 𝘥𝘢𝘵𝘢 𝘢𝘤𝘤𝘶𝘳𝘢𝘤𝘺 𝘢𝘯𝘥 𝘤𝘰𝘷𝘦𝘳𝘢𝘨𝘦 𝘸𝘩𝘪𝘭𝘦 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘺𝘰𝘶𝘳 𝘳𝘦𝘱𝘶𝘵𝘢𝘵𝘪𝘰𝘯 𝘢𝘴 𝘢 𝘵𝘩𝘰𝘶𝘨𝘩𝘵 𝘭𝘦𝘢𝘥𝘦𝘳. 𝘛𝘰𝘨𝘦𝘵𝘩𝘦𝘳, 𝘸𝘦 𝘤𝘢𝘯 𝘳𝘦𝘥𝘦𝘧𝘪𝘯𝘦 𝘱𝘳𝘰𝘱𝘦𝘳𝘵𝘺 𝘥𝘢𝘵𝘢 𝘴𝘵𝘢𝘯𝘥𝘢𝘳𝘥𝘴. Get Involved Today! Contact us to learn more about becoming a panel member. e: lynette@rodemedia.co.za or mark@rodemedia.co.za https://lnkd.in/d2t24Gw4
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TO BUY OR TO BUILD - That is the question! Our chairman, Erwin Rode, chatted to radio host Ryk van Niekerk on RSG Geldsake on Thursday evening, discussing how building cost compares to house prices. You can listen to the programme by clicking here: https://lnkd.in/dsCAqpzC #PropertyInsights #Moneyweb #RSG Geldsake - Ryk van Niekerk To subscribe to the Rode Publications & Media reports, contact mark@rodemedia.co.za
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Our chairman, Erwin Rode will be on radio tonight discussing the pros and cons of buying versus building a house. Be sure to tune or link in to hear what he has to say! https://lnkd.in/eqmastJ
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Rode Publications & Media | “South Africa’s lesser-known coastal towns like Coffee Bay are becoming the go-to destinations for holidaymakers seeking unspoiled scenery and authentic experiences,” says Wes Cowan, Cape Town Auction Managing Director at Galetti Corporate Real Estate. In line with this trend, the iconic Hole in the Wall Retreat is set to go on auction on 4 February 2025 at 12:00 at the King David Mowbray Golf Club in Cape Town. The entire property spans a total ERF size of 13,062m² and offers bidders three tailored options: the entire property; the hotel, backpackers, and vacant land; and/or the chalets and houses. “Coffee Bay’s unique charm and untapped development potential make this a rare opportunity for investors,” adds Wes Cowan. Interested? Contact Wes Cowan for more information. 📞 082 964 0158 📧 wesley.cowan@galetti.co.za 🔗 Register to bid: https://lnkd.in/dfcUJXfF Read the full article: https://lnkd.in/d3-k6bBm #PropertyNews #RareInvestmentOpportunity #HoleInTheWallRetreat #WildCoastProperty #CoffeeBayProperty #GalettiAuction #SouthAfricaInvestmentOpportunity #GalettiCorporateRealEstate
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THE RODE REPORT - YOUR PROPERTY PLAYBOOK The Rode Report delivers the most comprehensive quarterly analysis of South Africa’s property market – from rental rates to building costs. Whether you manage a portfolio or develop new properties, the Rode Report keeps you informed and ahead of the curve. Key Insights Include: • Current rental levels per square meter across key sectors • Capitalisation rates by property type and location • New building activity and trends shaping the market Curious to see how this can help your next project? Listen to what Galetti Corporate Real Estate has to say https://lnkd.in/dU7K6SA5 Download the latest edition or subscribe now to stay informed. To get the Rode Report: Contact mark@rodemedia.co.za or head to https://lnkd.in/dRfMsu74 #PropertyDevelopment #RealEstateInvesting #MarketIntelligence #RodeReport
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Five reasons to advertise with Rode Publications & Media 1. Targeted Audience: Rode Media focuses on the property sector, attracting a niche audience of industry professionals, investors, developers, and decision-makers. Your ads reach a highly relevant and engaged audience. 2. Industry Authority: Rode Media is a trusted name in the property market, providing data-driven insights, analysis, and updates. Associating your brand with our platform and publications enhances credibility and positions you as an expert in the sector. 3. High Visibility: With widespread circulation and digital reach, Rode Media’s platform ensures maximum exposure for your advertisements across multiple channels, including social media, linked through websites, and sector-specific publications. 4. Cost-Effective Advertising: Advertising with Rode Media allows you to connect with a specialised audience at a lower cost compared to generic platforms. The focus on property ensures every Rand spent is targeted effectively. 5. Customisable Advertising Options: Whether through banner ads, sponsored content, or targeted campaigns, Rode Media offers flexible and customisable advertising options. You can tailor your messaging to align with your business goals and reach the audience most relevant to your offerings. In addition we can generate native content highlighting your company's achievements and unique selling points. #PropertyMarket #RealEstateAdvertising #CommercialProperty #IndustrialProperty #PropertyLeasing #RealEstateInvestors #PropertyDevelopers #PropertyProfessionals #RealEstateNews #MarketInsights To advertise with us contact mark@rodemedia.co.za https://lnkd.in/dXa_gDqA
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What if you could predict market trends for the next 6 years? With Rode South African Property Trends, you can. Our semi-annual publication forecasts property rentals, capitalisation rates, and more – giving you the foresight to make confident investment decisions. Why This Matters: • Plan for the long term with precise market forecasts • Stay ahead of competitors with exclusive insights • Gain clarity on where to invest and when The future starts now. Get access to forecasts that will shape your property decisions for years to come. Subscribe to Rode SA Property Trends Head over to https://lnkd.in/d2t24Gw4 or contact mark@rodemedia.co.za #MarketForecasting #RealEstateStrategy #InvestmentPlanning #PropertyTrends
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THE POWER OF DATA Unlock market insights with the 'new' Rode reports, analysis and trends. For nearly 40 years, Rode Publications & Media has been the trusted source for property insights in South Africa. Property sector investors, developers, and professionals rely on our market data to drive successful decisions and secure profitable opportunities. Why leave your investments to chance? Let data guide you. What You Gain: • Decades of historical and up-to-date property market data • Expert analysis from industry leaders • Insights across retail, office, industrial, and residential sectors Ready to take the next step? Explore Rode’s market-leading publications – your key to smarter property decisions. Learn more and subscribe: Contact mark@rodemedia.co.za or head over to our website https://lnkd.in/d2t24Gw4 #PropertyInsights #RealEstateData #MarketResearch #InvestmentStrategy
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As we bid farewell to 2024, the Rode Publications & Media team, old and new, take this opportunity to extend our heartfelt gratitude to our dedicated supporters, expert panellists, brokers and loyal subscribers. Your invaluable contributions empower us to deliver the independent, data-driven analysis and trends that define our respected property industry reports, which our readers trust. The 'new' Rode Publications & Media team wishes you a Happy and Prosperous New Year. We eagerly anticipate continuing our collaboration with you as we welcome 2025. Cheers to new beginnings and exciting opportunities ahead!