Commercial Guidebook | Real Estate Investor Magazine Commercial Handbook 2013 | Page 66

QUOTES David Reid Investment Property Sales broker for JHI Properties “With the majority of listed property funds now registered as REIT’s, investors in this sector benefit from both investment diversity offered through property and also liquidity not traditionally known as a feature of commercial and industrial property investment. Income producing commercial and industrial properties with secure leases therefore remain in high demand among both listed and private property funds.” Peter Collins JHI Properties regional manager for its broking division in Johannesburg “It is sound financial advice that a portion not less than 10% of your investment portfolio should be in commercial property either directly into rental properties ,or via the listed property sector. This sector has produced consistent double digit returns throughout the financial crisis and t he fundamentals remain in place for steady inflation-beating returns in the medium to long term” Erwin Rode CEO of Rode & Associates property valuers and consultants “Real estate success, like all investments, depends on timing in the first place. Location comes a poor second, especially when buying an existing property, as the location should be in the price already.” Ian Anderson Grindrod Asset Management chief investment officer “Although we have seen a lot of activity within the retail sector, most of it is tenant driven, whereas in the office and industrial market, there is still a bit of speculative development - but it is being done knowing that the product that is being developed is in demand.” 64 Commercial Handbook 2013 www.reimag.co.za