Commercial property value declining in cities

JOHANNESBURG - Municipalities are there to ensure basic services are provided to communities.

When there's a lack of service delivery, it can encourage non-payment of key services.

Piles of garbage alone in our cities are a reflection of municipal maladministration.

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Now, imagine how poorly run municipalities can further impact the commercial property market.

So, how do badly run municipalities affect the commercial property market?

John Jack, CEO of Galetti Corporate Real Estate, discussed this with eNCA.