Recently released figures show that, in the first nine months of this year, the South African commercial and industrial property industry rose 9% - almost double what equities achieved in the same period. This is encouraging evidence that commercial property in this country remains an attractive option for those wanting to diversify their investment portfolio, [...]
In a previous article we discussed the value of selling properties at auction, and the various benefits to a seller. However, auctions are a popular tool for buyers – especially for those interested in buying for investment purposes. Investors and private sellers alike can benefit from the insight of a professional property valuator. But there [...]
We’ve recently discussed buying a property at auction, and the necessary work that goes into preparing for the day of the auction. Buying property at auction is not simple or easy, and you do need to be fully aware of all the legalities and processes on the day. Obviously, if you are planning to bid [...]
Due to the inherently unique characteristics of mining as an industry, it is more challenging than other businesses to valuate. Even the most profitable mines are finite businesses – meaning they will stop operating when the resource that they are mining runs out. This is completely different to more “traditional” manufacturers, who can potentially stay [...]
Obtaining an accurate valuation of a property is important for a number of reasons, including; obtaining finance, as an analysis for investment, for taxation purposes, and for building insurance. There are two key ways in which to determine the value of your business property. The first is the replacement cost, which refers to how much it [...]
When establishing the terms of an intellectual property (IP) licence it can be very difficult to establish the potential value of the royalty payments. Many factors need to be considered. For example, the intellectual property owner may still be involved in terms of ongoing research or actual sales which may negate the need for payment. [...]
While many elements of business are easy to put a Rand value on – such as buildings, vehicles, or stock holdings – some are a little less obvious. Intellectual Property is no less important than the building your business operates from, but can be difficult to quantify. One definition of Intellectual Property refers to it [...]
So you’ve made the decision to enter into the commercial real estate market. The right property in the right hands can result in a healthy investment opportunity. Therefore, in order to make sure that you’re buying the right property, we recommend running through a quick checklist to ensure you’ve covered all the bases. The single [...]
While this premise can be true, it’s not always the case in commercial real estate. Which is why we often get asked, “Is it better to lease or buy commercial property?” The higher the risk, the higher the reward. Buying a home can turn into a nail-biting affair when you consider having to find the [...]
When it comes to property value, we’ve all heard that the three most important things to look for when choosing a property are location, location, and location. Or so they say. But is it really true? What other factors are there that contribute the value of a property? We’re so glad you asked. Here [...]
Four Ways to get an Accurate Valuation done, it’s important to know that no box is left unchecked in the process. Commercial property valuation is a complex process, and there are many factors involved in a comprehensive, accurate valuation. Getting the process right takes years of experience and training - a lot more than [...]
Our beautiful country has been carefully divided into various categories by the Provincial Administrations and Ordinances. Therefore, when there is a requirement for building and development, these existing groupings will be considered by the Town Planning Department before they are granted. These land-use zones are broadly zoned as follows: Residential - Single dwellings, group housing [...]
Each property in South Africa is zoned for a particular use. This dictates the use of the property, the type of buildings that can be erected on it, and the nature of their use. In other words: the zoning of the property determines the legal use of that property. The most common classes of zoning [...]
When you’re thinking about buying or selling a property, you need to have all the facts so that you can make an informed decision. And the facts need to be come from the best possible data sources. What information goes into a property valuation report? First of all, a property valuation report needs to include [...]
Have you ever called a property valuations company for a valuation of your own property or one you’d like to purchase, only to be baffled by the question, “Is this a market valuation, or a bank valuation?”? What is a market valuation, what is a bank valuation, and how are they different? Let’s take [...]
