mixed-use properties
Mixed-Use Is the Key to Funding Hotel Development in Africa
JLL | September 17, 2019
JOHANNESBURG, South Africa, September 17, 2019- A new report from JLL (www.JLL.com), the world’s largest professional services firm specializing in real estate, has revealed that people seeking to finance a new hotel project in Africa will be much more successful if their hotel is part of a mixed-use development. JLL’s research into global property transactions reveals that in the first half of 2019, there was a 42% increase in the value of mixed-use property transactions, whereas there was a decline in other sectors, with Office down 4%, Industrial down 6%, Retail down 20%, Hotel down 18% and alternatives down 40%. Xander Nijnens, ...
Hotel Real Estate: How Brands Are Re-Imagining Hotel Lobbies
M. Rein | September 17, 2019
Several reports show the astonishing growth in self workers, contract freelancers and consultants, according to Statista, 10.3% of the working age population is involved in entrepreneurial activities. Alongside this, project task forces are becoming more and more common, and companies are starting to become more agile in their operations, ING’s agile transformation started with the 3,500 staff members at group headquarters, Bart Schlatmann: former chief operating officer of ING Netherlands said, “we invested in tearing down walls in buildings to create more open spaces and to allow more informal interaction between employees. We have a ve...
South Africa Seeing Growth in Mixed-Use Hospitality Investment
Wayne Troughton | March 13, 2017
By Wayne Troughton, CEO, HTI Consulting Diversifying into more than one property sector is not new in the South African context, but it's a growing trend that's impacting the hotel pipeline. Nowadays we're increasingly seeing investors who weren't traditionally interested in hotels now investing in this asset class and, whilst mixed-use developments are by no means a new concept in South Africa, it's certainly interesting to note the upswing in mixed-use hospitality investment. As a trend, it's allowing developers and investors to diversify portfolios, spread risk and, in many cases, deliver significant added val...
