Demand for retail space bodes well for Resilient
Rentals for lease renewals and new leases increased 6.7% on average
02 December 2022 - 13:21
Retail-focused Resilient Reit says notwithstanding a challenging operating environment, its portfolio has seen rentals for renewals and new leases increasing by 6.7% on average compared with the corresponding period a year ago.
Resilient said year-to-date, tenants remaining in occupation renewed expiring leases at rentals 3.4% higher on average...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.