Buoyant property sector losses steam

Returns in the property sector this year lost momentum after a three-year bull-run as oversupply knocked down rentals across all sectors.

While new developments continue to clutter the skyline of the Central Business District (CBD), rentals in secondary office market space such as Gaborone Main Mall and Commerce Park softened while the retail sector also approached saturation in 2014.

According to the 2014 International Property Databank (IPD) Report, the top-performing sector is the industrial property, followed by residential and retail industry. The industrial sector outperformed as a result of superior income return and a solid capital growth of 13.5%.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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