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

‘’To most people, a petrol station is just a place to refuel. To us, a petrol station is a business hub.’’ Investor demand for petrol station sites has remained steadfast as they show increasingly promising yields during a challenging economic environment. Savvy investors are eyeing this market carefully, with strong competition for established service stations

Last week The National Energy Regulator of South Africa (NERSA) announced electricity price hikes of 9.41%, 8.1% and 5.2% for the next three years. This, as predicted, will have a significant impact on the commercial property sector, particularly for industries that are already sensitive to parastatal price increases. Our CEO John Jack shares how Galetti

John Jack, CEO of Galetti Corporate Real Estate Figures released yesterday by Stats SA clearly show the significant pressure that the South African economy was under during 2018. It was a perfect storm that never happened. Not only was the country facing internal economic pressure, but Mother Nature then turned off the taps leading to massive declines

As South Africa emerges from last year’s recession, two schools of thought are expected to drive the commercial property market in 2019 and, as expected in an election year, political considerations are prominent, says our CEO John Jack. The first school is betting on a positive election outcome. They expect a clear ANC victory to

Tomorrow, Finance Minister Tito Mboweni will deliver his maiden budget speech in what is expected to be a difficult address. The outcome of this speech will impact the South Africa property sector in numerous ways, with the commercial property industry likely to feel a significant impact. While SONA 2019 left uncertainty in some areas, it

A highlight on South Africa’s political calendar kicks off tomorrow at 17h00. The State of the Nation Address (SONA) 2019 marks the official opening of Parliament for the new year and will give President Cyril Ramaphosa an opportunity to address political policies and key challenges that lie ahead. This address will have a direct impact