Real Estate Investor Magazine July/ Aug 2020 July 2020 | Page 37

COMMERCIAL
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PropTech Solutions to
Covid Restrictions
While property may be an
immovable asset, one’s approach
to the industry shouldn’t be
as such. It is this philosophy
which has given Quoin Online,
a trailblazer in the field of online
property transacting, a head-start.
An Unexpected Outlier
The economic and social impacts
of the COVID-19 pandemic
have hit the real estate industry
hard. However, there has been a
surprise uptake in a sector that
few in the industry could have
predicted: industrial real estate.
Rebuilding the Economy
Through Construction
It’s back to work for the
construction industry, one of our
major economic contributors. In
fact, it has been touted as one of
the key sectors the government
should prioritise to ramp up job
opportunities in an effort to revive
the SA economy.
TOP TRENDING FOR COMMERCIAL ONLINE
Visit www.reimag.co.za for the latest updates online.
Emerging Trend Office
Sub-Letting
While flexible lease agreements
and the restructuring of rentals
are on the cards for many, little
thought has been given to the
option of subletting.
Shared Workspaces -
Solution to Downsizing?
Considering the inclusion of
shared space offerings, as part of
the overall solution, may provide
corporate clients with just the
right balance
Landlords & Tenants
Work Together
Most landlords in downtown
Cape Town, which comprises
80% commercial property, have
implemented rent holidays or
deferments, with adjustments as
time has gone on.
SA Real Estate Investor Magazine JULY/AUGUST 2020 33