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A closer look at commercial property’s long-term performance reveals a multi-year cumulative correction – Property Wheel
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A closer look at commercial property’s long-term performance reveals a multi-year cumulative correction – Property Wheel
A closer look at long-term commercial property performance has revealed a significant multi-year cumulative correction says John Loos, Senior Economist at FNB Commercial Property Finance. South Africa’s economic growth entered a prolonged period of stagnation from around 2012 following the post-Global Financial Crisis peak of 3.2% in 2011. Between 2020 and 2024, the economy averaged just 0.4% annual growth. While the pandemic lockdown disruption…
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