Real Estate Investor Magazine South Africa May/ June 2020 | Page 30

COMMERCIAL 30 When the Covid Clouds Clear Property needs to be viewed as a long-term investment, with decisions made looking to the future. So how do we see the future playing out in the commercial property market? 32 34 Workplaces of the future There’s been a noticeable shift in office rental agreements. Companies are now acclimatising to working remotely and many are experiencing the benefits of improved productivity and reduced overheads, first-hand. Landlord-tenant battle during Lockdown Negotiations between landlords and large retail tenants during the lockdown period has been heated. Tenants believe that they are within their rights not to pay rent, while landlords argue that this is unlawful.   TOP TRENDING FOR COMMERICAL ONLINE Visit www.reimag.co.za for the latest updates online. Business Rescue There are several special benefits that Chapter 6 provides for a company in rescue as a mechanism to financially rehabilitate itself or produce a better return for creditors. How Covid-19 Will Affect Industrial Property Market There has been minimal commentary on how the lockdown is affecting industrial-based businesses and industrial property owners, and what the future may hold. Strategy for Property Development & Construction The Covid-19 crisis gives SA an opportunity. We have a choice to grow ourselves out of this crisis or to accept the loss of a critical industry in South Africa. SA Real Estate Investor Magazine MAY/JUNE 2020 29