Eastern Cape has seen a rise in demand for retail properties in the quieter and unexpected areas.
The demand for retail space across remote towns in Eastern Cape such as Sterkspruit, Mthatha and Tsolo formerly known as the Transkei has accelerated, according to JHI Properties.
Retail developers and Financiers are looking forward to another good year this 2013 on the back of the country’s robust economic development, which has been driven by consumer spending.
Amanda De Lange, portfolio manager of JHI Properties in Port Elizabeth reports that currently JHI has been receiving a high number of enquiries for retail space in Sterkspruit and Mthatha, mainly as a result of a pent-up demand as well as growing passing trade.



