“Evil prevails when good men stand by and do nothing”. Here is our attempt, for CRE industry outsiders in South Africa, at “pulling back the veil” on our industry. The more informed you as customer are, the easier it is to identify and work with ethical and honourable CRE professionals. Excellent service from skilled, passionate CRE professionals means better outcomes for you, and boosts your perception of our industry.
This is a first attempt in South Africa of answering the question: “who do these buildings in prestige office nodes belong to?”
“One man’s meat, is another man’s poison”
Unlike residential, commercial real estate (CRE), the “premier league” of property, is a non-homogenous asset class. Properties are broken up by property category, sub-categories within categories, grades, and area. As a result, property owners compete with a diverse range of skills. Thus, what may be attractive to certain property owners, is not attractive to others.
Our sample set, comprises 3 “blue chip” office nodes within JHB ¹.
These are the nodes we analysed: