Purchasing a commercial or industrial property is often a significant investment, and in some cases, the property may be owned by more than one person or entity. Joint ownership can be a practical way to invest in property, but it can also introduce additional considerations when the property is sold, leased, financed, or developed.

When a property has multiple registered owners, each owner generally holds an undivided share in the property. This means that while ownership percentages may differ, no individual owner necessarily owns a specific physical portion of the building or land. Instead, the owners collectively own the property according to their respective shares.

This becomes particularly important when the property is sold. As a general rule, all registered owners must agree to the sale and sign the necessary documentation....

Interest rates remain a key talking point for South Africa's commercial and industrial property market, with buyers, investors and businesses watching closely for signs of relief. The next decision by the South African Reserve Bank's Monetary Policy Committee (MPC) will be closely monitored as global economic uncertainty and rising energy costs continue to influence the inflation outlook.

The SARB's policy rate currently stands at 7.0%, following a 25-basis-point increase at the MPC's...

South Africa's industrial and commercial property sectors continue to demonstrate resilience despite ongoing economic challenges. While recent increases in fuel costs and inflationary pressures have impacted operating expenses for businesses, the market remains active, particularly within the industrial sector where demand for quality warehousing and logistics facilities continues to...