South Africa’s Bank Lending Rate was reduced to 7.75 % per annum in April 2020. South Africa’s Bank Lending Rate data is updated daily, averaging 10.250 % per annum from December 1948 to 26 April 2020. The lending rate reached an all-time high of 25.5 % per annum in 18 Oct 1998 and a record low of 4.5 % on...
Student Accommodation Resilient Despite Pressure On Property Market While all three property types - residential, commercial and industrial - have been under pressure in South Africa for a while due to macro-economic factors at play, the niche segment of purpose-built student accommodation has been relatively resilient due to its hedge benefits in economic downturns, as well as a general under-supply...
