The property industry in SA is recovering-slowly but surely.

The South African commercial property industry has experienced significant growth over the past few years, and this trend is expected to continue despite challenges in the market.

One of the key factors driving growth in the industry is the increase in demand for commercial real estate, particularly in major urban centers like Johannesburg and Cape Town. This is due in part to the growing economy and increasing foreign investment, as well as the rise of the middle class and subsequent expansion of retail and office space.

In addition, the government has implemented various policies to promote investment in the property market, such as tax incentives and relaxed regulations on foreign ownership.

Despite these positive developments, there are still challenges facing the industry, including a lack of affordable housing, rising construction costs, and the ongoing impact of the COVID-19 pandemic.

However, experts remain optimistic about the future of the South African commercial property market. In fact, many are predicting that the industry will continue to grow at a steady pace in the coming years, particularly in areas such as industrial and logistics properties.

Overall, the South African commercial property industry presents significant opportunities for investors and developers, and is poised for continued growth in the years to come.