WeWork has arrived in the country and could be the rescue that both owners of office buildings and their occupiers have been looking for. The business, which initially started as a community workspace offering flexible co-working options to small business, quickly expanded to offer community-based workspaces to enterprise clients. Who do we mean by enterprise

Over the past few months we have identified a definitive trend which shows that buyers and sellers are moving further apart. What does this mean though? Read on. There has been a noticeable increase in the bid-offer spread with purchasers bidding approximately 20% lower than the asking price of a given building. In the South

Each year we see more and more powerful woman changing the commercial property game and cementing their positions in the corporate real estate sector. Not only are they effectively managing companies, spearheading big-ticket deals and driving PropTech startups, but they are also making a major impact on how the property industry develops. The number of

  Earlier this month the South African Reserve Bank announced that it will cut interest rates to boost the country’s flagging economy. The new was welcomed by the commercial property sector and in this blog post our CEO, John Jack, shares his thoughts on what this means for the market. The rate cut by 25 basis

Over recent months, ‘PropTech’ has been one of the buzz words of the moment. The reality is that technology is dramatically reshaping property markets throughout the world, with real estate companies being forced to quickly adapt to the digital age or get left behind. A recent article featured on Property Week talks about how blockchain supply

As with the budget speech earlier this year, SONA 2019 was always going to be a tough speech to deliver. Since President Ramaphosa addressed the nation during SONA in February, there has been continued negativity around State-owned Entities (SOE) bleeding billions, Eskom becoming an increasing threat to our economy, internal fighting and instability within the

The Reserve Bank governor recently announced that the repo rate will remain unchanged at 6.75 percent. Our CEO John Jack believes that the decision by the MPC signals further stability in the property sector. Here’s why. The announcement today by the Reserve Bank governor to keep the repo rate unchanged shows that there is some

At Galetti Corporate Real Estate, we are driven to be the very best in everything that we do. To be the best, you have to have the best, and that’s why we are continuing to grow the Galetti team with some of the most experienced and knowledgeable deal makers in the industry. We recently welcomed

Our CEO John Jack shares his thought on what the election results mean for the commercial property sector. The elections have come and gone, and with that a certain level of uncertainty as well. First up, I believe we can now start to expect more movement in the commercial property sector across South Africa. The

The commercial property sector appears to be holding its breath while the outcome of the 2019 General Elections is confirmed. As with the residential property market, the commercial sector has remained fairly stagnant as investors and occupiers await the outcome of the 2019 General Elections this week. With Ramaphosa expected to win, we predict that