Buoyant property sector losses steam
Friday, December 19, 2014
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%.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...