Listed landlords are easy prey for mismanaged local governments.
Commercial property owners, who already face the extra costs of keeping SA Inc’s lights on, fear excessive municipal rate increases this year.
Landlords in Joburg, with its R1.5-trillion in commercial and residential property, are likely to be hit by higher values and tariffs when the new municipal valuation roll is implemented from July 1. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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