Six commercial property trends to watch in 2022

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Some companies have started converting office blocks in Sandton.
Photo: Getty Images.
Some companies have started converting office blocks in Sandton. Photo: Getty Images.

Economic indicators in all three major commercial property classes - office, retail and industrial - suggest that tenant performance will still be battling at below pre-Covid-19 levels in 2022, according to John Loos, commercial property economist at FNB.

In his view, a meaningful improvement in tenant performance in the near term is not expected, particularly given gradually rising interest rates.

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