Sapoa welcomes appointment of Kgosientsho Ramokgopa while lamenting the heavy toll of load-shedding
ch represents 90% of commercial property owners in the country,
“Not all companies are affected in the same manner. Some companies own and manage only retail, others only offices and some a combination of these plus warehousing/industrial complexes,” Gopal said. “The harsh reality is that ongoing generator usage is unsustainable at higher stages of load-shedding, as higher diesel and maintenance costs cut into capital and maintenance budgets,” Gopal said.
According the Sapoa survey, shopping centres were spending between R500,000 and R1m a month in additional fuel costs to run generators. Industrial logistics were spending between R100,000 and R500,000 over the same period, while the commercial office market spent about R100,000.
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