THE Estate Agents’ Council (EAC )says cheap imports from neighbouring countries were affecting its business as clients are forced to close down businesses or relocate to other places due to intense competition.
THE Princess Business Suites, an extension of the Bulawayo Centre Shopping mall, is almost fully subscribed following a $10 million refurbishment exercise that ended in June.
The Estate Agents’ Council (EAC) says lack of mortgage funding coupled with the prevailing liquidity crunch has seen the default rate on rentals going up significantly and slowed down property sales.
KNIGHT Frank’s long-awaited $10 million refurbishment of Princess Business Suites, an extension of the Bulawayo Centre Shopping mall, has been finally completed, Southern Eye Business has established.
THE local property market is reeling from severe effects of the prevailing liquidity crunch and cash crisis, leading to very low sales, a property expert has said.
KNIGHT Frank is targeting finalising the second phase of the refurbishment of the Bulawayo Centre shopping mall by March this year at an estimated cost of $10 million.