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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The Central Witwatersrand: post-elections investment outlook for the built environment
Author:Rogerson, Jayne M.ISNI
Periodical:Urban Forum
Geographic term:South Africa
real property
urban planning
External link:https://link.springer.com/content/pdf/10.1007/BF03036611.pdf
Abstract:The changing built environment of cities in South Africa is to a large extent conditioned by the investment decisions made by a small group of institutional actors and investors. Among the most important of these are the country's major national insurance companies, banks, mining houses, property trusts, and developers. This article examines the activities of this group of influential property players in the Central Witwatersrand. More specifically, it looks at their recent and future investment outlooks regarding industrial, commercial and retail property. The research involved a series of 12 interviews conducted in January-February 1996 with representatives and key decisionmakers involved in the region's property investment and development. The interviews concentrated on several themes surrounding recent property developments and future outlook. In addition, the major financial press reports for 1995 were scanned. The findings are organized in terms of four sections relating to portfolio composition and locational preference, existing landholdings and current speculative developments, areas of growth and opportunity, and issues surrounding areas of non-investment. Notes, ref.