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

COMMERCIAL 34 The office space of tomorrow will look vastly different from the one we’re used to. What are the advantages of a co-working space? And how can you take advantage of it? 38 We look at Cape Town’s affordable accom- modation problem. Real Estate Investors are being offered the perfect opportunity to develop, will you be smart enough to jump on board? CHARL DU PLESSIS Head of Project Development at EP Solar “A 7% price increase, like we are seeing in the cost of solar, absolutely affects the payback period of a system, but one can- not delay an entire construction project by three to six months as a result of it.  GAVIN WOOD CEO of Canal Walk BOLAJI EDU CEO of BROLL Nigeria “Consumers want options ... we cater for both the time-pressed shopper seeking a seamless experience, as well as those looking for a more leisurely outing.” “High and volatile rentals (charged in dollars but payable in local currency in some countries) as well as fit-out com- ponents and stock, which are usually imported, all reflect high occupational costs which also constitute barriers to entry for many retailers” SA Real Estate Investor Magazine OCTOBER 2017 33