A bold move by Cape Town to ‘break free’ from Eskom will have a great impact on its property values says Galetti CEO, John Jack. Following President Cyril Ramaphosa’s announcement to ‘fix the fundamentals’ at last week’s SONA address, the breakaway from Eskom through alternate energy sources and the speeding up of licenses to generate

Generation Z is here, and most companies are paying close attention. Born after 1997, these 20-something’s will make up a large part of the world’s workforce by 2030 and they’re vastly different from the generations before them. While companies spent much of their time catering to and learning more about Millennials over the past few

13 February 2020 – The State of the Nation Address (SONA) is on everyone’s minds and it’s clear that our President and his cabinet have a lot of work ahead of them. The elephant in the room is undoubtedly Eskom and the crippling effects that the embattled parastatal has on our economy. Opposition parties echo

Last week, the South African Reserve Bank (SARB) announced a cut in the repo rate by 25 basis points, changing the prime lending rate to 9.75%. While this cut has been widely welcomed by commercial property owners, John Jack, CEO of Galetti Corporate Real Estate believes that the cut is smaller than one would have

Considering the instability of last year’s economic landscape, through-the-roof unemployment, the darkest hours of load shedding so far, decreased international and local confidence and the looming downgrade rating knocking on 2020’s door – the lucky ones sitting at the top of SA’s richest were relatively unharmed. However, when it comes to comparing SA’s richest to

A Year of Disruption & Confidence in CRE 2020 will welcome major shifts and a highly anticipated shake up in Commercial Real Estate (CRE). It’s ‘do or die’ for industry players with the need for adaption, diversification and innovation at an all-time high. Following a grim 2019, the cautiously optimistic outlook for 2020 has the

Things to keep in mind As the festive season fast approaches, most companies are looking forward to the downtime and a well-deserved break. However, some may see this “cooling down” period as the perfect time to either stay or go and relocate to new and better premises. Moving over the holidays requires precise planning. The

Work, Live, play Nothing typifies modern, inner-city working better than mixed-use developments. As the name suggests, these developments combine commercial, residential and even industrial spaces into one property. Often located in bustling hot spots, many businesses are making mixed-use buildings their new home. Particularly attractive in high density, high demand cities such as Cape Town

Sceptics dubbed it a fad, but coworking spaces are here to stay, and they’re set to take over in 2020! Initially designed to accommodate entrepreneurs and freelancers, coworking spaces have taken millennial terms such as ‘collaboration’ and ‘community’ to a whole new level. Coworking has found a home in South Africa and entrepreneurs and corporates

A couple of weeks back our management team attended a marketing conference in JHB where Michael Baretta, the keynote speaker, addressed a room of entrepreneurs about finding their brand’s purpose and of maintaining a purpose-driven organization. The goal of a brand’s purpose is to unite internal cultures in the pursuit of making a tangible difference