Real Estate Investor March 2022 | Page 61

Loyalty applications are being used in student accommodation , rewarding positive payment and other behaviour with various benefits . Nedbank is making use of exciting new technology called OpenSpace to track and monitor progress on building sites for the shared benefit of the bank and its clients .
Investment in Data Centres Investment in data centres is expected to grow significantly over the next few years , and South Africa is no exception . Accelerated digitisation , edge computing , increased data traffic and collection , are all driving an urgent need to manage , store and protect these escalating volumes of data .
Offshore Finally , from an offshore perspective , global transactional volumes have rebounded recently , with figures in 2020 / 21 well above those seen in 2008 .
According to Loonat , investors continue their search for stable cashflows that offer growth , which has seen healthcare , self-storage , multi-family and logistics real estate investment trusts trading at premiums to net asset value . Investment into the retail sector has been showing signs of improvement , with some investors calling the bottom on valuation declines given the recovery in footfall and tenant turnover .
All in all , Denny believes that commercial property will see increased activity in 2022 . However , she emphasises that strong property fundamentals , as well as innovative , hands-on asset management , will continue to be key going forward , with economic growth also being a critical driver of this sector .
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