Real Estate Investor Magazine South Africa Real Estate Investor Magazine - June 2017 | Page 35

COMMERCIAL
CHOOSING A COMMERCIAL PROPERTY
FOR YOUR BUSINESS
Location
When looking for the right
location, ask yourself:
NOMZAMO RADEBE
CEO, SAPOA
“A key issue for us as SAPOA and business
is the issue of intergovernmental relations.
We acknowledge that mutually beneficial
partnerships and a joint working relationship
with government is at times fraught with
challenges that could be avoided through
better understanding. The reality is that we are
inseparable and we have to work together.”
www.reimag.co.za
NORMAN RAAD
CEO OF BROLL AUCTIONS AND SALES
“A predictable economist will always state both
sides of the coin, but there will be a leaning
towards one. However current sentiment
is definitely focused more on the potential
downside and the need to place one’s trust in
a hedge against the rand. Saying that, direct
property has always held its value more than any
other investment over time and direct property
investment could be the internal hedge investors
could be looking for.”
ROBIN LOCKHART-ROSS
MANAGING EXECUTIVE OF NEDBANK CIB
“[W]e have been substantial funders into the
retail property sector over the past five years,
most noticeably perhaps in our financing of
several of the recently developed regional
and super-regional centres, but also in our
financing of rural and peri-urban centres in
underserviced nodes that will typically fall into
the neighbourhood centre category.”
JUNE 2017 SA Real Estate Investor
33