Tuesday, September 27, 2011

Interesting to see on the rental front that tenants overall are paying higher rents, but that vacancy rates are also rising.

The huge hikes in water and rates are likely to have contributed this time around to rising rents, as landlords try to recoup some of their rising costs.

Remember, as from June there has been a 60% increase in water supply charges and 50% increase in basic water price.

If you are a tenant, go to our Hot News page on our website, and read 'Powering Down - The Retailers Responsibilities'.

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