SA property portfolio fundamentals have improved, says Emira
Attracting and retaining tenants will remain a priority amid a tough operating environment
01 December 2022 - 21:43
Emira Property Fund says despite macroeconomic challenges coupled with load-shedding for the four months to end-October the SA property portfolio has performed well amid an improvement in fundamentals.
Portfolio vacancies fell slightly from 5.3% in June to 5% in October driven by continued focus on tenant retention. Of the leases that matured during the period, 81% by gross lettable area (GLA) were renewed...
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