Growthpoint bemoans surge in rates and taxes while service delivery fails
[ad_1]
Commercial property owners forced to make substantial investments in water and power as municipalities founder
30 October 2024 – 05:00
by
Growthpoint, SA’s largest commercial property owner says the surge in municipal rates and taxes aren’t being met by any improvement in service delivery.
The group, which has a portfolio valued at R170bn, said in its 2024 annual report that municipalities’ failure to deliver proper basic services have necessitated substantial investments in technology, water and energy. ..
[ad_2]
Source link