Real Estate Investor Magazine South Africa April/May 2019 | Page 40

COMMERCIAL 38 FINANCING ‘Currently we are seeing a notable increase in investors seeking mixed-use proper- ties, a demand trend which has been in evidence for some time, while of late there has also been a recovery in industrial sales. Well posi- tioned industrial develop- ments, development land and smaller mini factories have been selling very well, while warehousing has also been in demand over the past year. And despite the recent fuel hikes, there is still some buoyancy in the logistics market, in key hubs, due to the simple fact that there will always be a need for goods to be transferred.’ - MC du Toit, CEO Auctions & Sales for BidX1 South Africa, which brings its first multiple auc- tion to the market in April. ‘...We need to allow people to generate their own power... I have a generator at home because I run my business from there. It’s illegal, but I have to break the law to run my business. Now, how can that be acceptable?’ — Bernard Swanepoel, execu- tive director - Small Business Institute on Bruce Whitfield’s The Money Show on Radio 702 The SA REIT sector’s represen- tative on the Property Sector Charter Council (PSCC), Dr Sedise Moseneke, has been elected and confirmed as the new Chairman of the PSCC. The council is responsible for implementing transforma- tion in the property sector. Moseneke heads the SA REIT Association’s Property Sector Charter Committee and is Ex- ecutive Director at JSE-listed SA REIT Vukile Property Fund, non-executive chairman of Encha Property Services and a past president of the South African Property Owners Association (SAPOA). APRIL/MAY 2019 SA Real Estate Investor Magazine