Poor business confidence continues to weigh heavily on the commercial property market which has seen a marginal decrease in the number of commercial tenants in good standing in the first quarter of 2022 compared to the previous quarter.
Finance minister Enoch Godongwana delivered his maiden budget speech this week with few surprises, notes TPN Credit Bureau.But what impact will it have on the rental market, amid an interest rate hike cycle.
Landlords continue to be under pressure as a result of an increased vacancy rate of 11.71% in the last quarter of 2021, according to the TPN Vacancy Survey for the fourth quarter of 2021.
A growing unemployment rate is leaving many consumers under financial pressure and this has impacted schools around the country as parents prioritise paying other categories of consumer credit such as mortgages or rent, credit facilities, secured credi...
A growing unemployment rate is leaving many consumers under financial pressure and this has impacted schools around the country as parents prioritise paying other categories of consumer credit such as mortgages or rent, credit facilities, secured credi...
Commercial tenant rental payment recovery stalled in the third quarter of 2021, with a slight decline in the percentage of tenants in good standing, according to TPN Credit Bureau’s Commercial Rental Monitor for the third quarter of 2021.
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