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Rael Levitt's Video – Comment on South African Property Market

2011-11-17 00:56:00 SA Commercial Prop News
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With investor demand being hampered by enduring economic challenges and stalled global growth, Auction Alliance is predicting a gradual and patchy recovery for the local commercial property sector over coming months, with certain segments expected to perform better than others.

The latest video from Auction Alliance's CEO Rael Levitt, released October 2011.

“Three years into the recession, the question on the status of the commercial property sector’s recovery is difficult to answer, with recovery appearing to have stalled significantly in recent months in the face of renewed economic fears”, says Rael Levitt, CEO of Auction Alliance.