Weve Done It The Otter Trail In Tsitsikamma

The Otter Trail in Tsitsikamma National Park is a popular hiking trail in South Africa. It is a five day, four night hike along the rugged coastline of the Garden Route. The trail is known for its stunning views of the ocean, its diverse wildlife, and its challenging terrain.

The trail begins at the Storms River Mouth and ends at Nature’s Valley. Along the way, you will trek through pristine forest and fynbos, over rocky slopes and along sandy beaches, and past numerous waterfalls. The trail is around 44 km long, and can be divided into five sections. The first section is a short climb to the start of the trail, then the trail descends to the coast. The second section is a steep climb to the top of the Bloukrans River Gorge, with views of the ocean and the surrounding landscape. The third section is a gradual climb to the top of the Tsitsikamma Mountains, with spectacular views of the coastline. The fourth section is a descent to the coast, and the fifth and final section is a climb to the end of the trail at Nature’s Valley.

The Otter Trail is a challenging hike, and requires a good level of fitness. It is not recommended for those who are not physically fit, and hikers should be prepared for long days of hiking. The trails are well-marked, and there are plenty of rest points along the way. There are also plenty of places to camp, and the trail has some of the best camping spots in South Africa.

The Otter Trail is an incredible experience, and is one of the most popular trails in South Africa. It is a great way to explore the stunning coastline of the Garden Route, and to experience the diverse wildlife of the area. It is a challenging hike, but the views and the wildlife make it well worth the effort.

The Otter Trail in Tsitsikamma, South Africa, is an iconic hiking trail that is recognized as one of the country’s most spectacular and challenging hikes. The Otter Trail is a 42-kilometer coastal hike that begins at the Storms River Mouth and winds its way along the rugged Tsitsikamma coastline before ending at Nature’s Valley. The trail takes approximately five days to complete and passes through pristine forests, rocky coastline, and secluded beaches.

The trail is named after the Cape Clawless Otter, which is a protected species in South Africa. The coastal vegetation and marine life along the trail are spectacular and include an array of plant and animal life. The trail is also home to several rare bird species and is a great spot for wildlife spotting.

The Otter Trail is one of the most popular and well-known hikes in South Africa. It has been around since the 1970s and has been enjoyed by hikers from around the world. It is also one of the most challenging hikes in the country and requires a high level of fitness and stamina. The trail is divided into five sections, which can be done in any order. Each section of the trail has its own unique challenges, and hikers should be prepared for steep climbs, slippery rocks, and deep river crossings.

The trail is highly recommended for experienced hikers and those looking for a challenge. The scenery is breathtaking and the trail passes through some incredible spots, including the Robberg Nature Reserve, which is home to a large variety of marine and bird life.

The Otter Trail is also popular among international tourists, and there are a number of tour companies that offer guided hikes along the trail. The Otter Trail is a great way to get away from it all and experience the beauty of South Africa’s coast. The trail offers plenty of opportunities for exploration and adventure and provides a great way to connect with nature and appreciate the beauty of the country.…

Singapore office rents see subdued growth in 1Q2023: JLL

Grade A office rents in the Central Business District of Singapore saw a rise in the first quarter of 2023, though the q-o-q growth slowed for the second consecutive quarter. Real estate consultancy JLL reported an average gross effective rent of $11.30 psf per month, a modest 1.0% increase from the previous quarter.

This marked a slowdown in the 5 consecutive quarters of growth seen prior to this. Andrew Tangye, head of office leasing and advisory at JLL Singapore, attributed this lowering of growth to macroeconomic uncertainties that dampened demand for office space. He noted that large space users are largely refraining from relocating or expanding right now.

Small-to-medium sized space occupiers were largely driving leasing activity in the first quarter of 2023, with new market entrants and those needing to accommodate new workplace design or hiring being the major contributors. Notable leases in the CBD during this time include German insurer Munich Re and fine wine merchant Corney & Barrow.

In the face of a cautious market, new office spaces have still seen solid take-up. This includes Guoco Midtown in the Bugis-Beach Road area and IOI Central Boulevard Towers in the Marina Bay financial district, both of which have secured tenants for 80-90% of their space. These buildings have seen companies from various sectors, including financial services, technology, media, and professional services, commit to spaces or enter into active negotiation.

Outside the CBD, Labrador Tower in Pasir Panjang is estimated to be 25% pre-committed one year ahead of its planned completion in 2024. Prudential is among the tenants that have already signed on, taking up 150,000 sq ft of space in the Green Mark Platinum Super Low Energy development.

Tay Huey Ying, head of research and consultancy at JLL Singapore, expected office demand to remain rather muted due to the macroeconomic realities and that occupiers could take longer to backfill spaces vacant due to relocations. As such, Office rent growth is anticipated to remain modest for the remainder of the year.

Post-2024, Tangye believes that the tight supply of Grade A office spaces coupled with an improvement in economic prospects will result in a rebound in demand and an acceleration in rental growth. In the meantime, he advises space users to seize the current window of opportunity to lock-in good quality office spaces in new buildings.…

Six-storey Boat Quay shophouse sold for $37 mil

52 Boat Quay, a six-storey commercial shophouse located in Singapore’s central business district, recently sold for $37 million. Savills Singapore, who brokered the deal, described the property as a modern and well-equipped commercial space. It had undergone extensive renovations in 2015 and consists of a 1,119 sq ft site with an estimated total built-up area of 6,446 sq ft.

The prime location and desirable property drew “significant interest” from investors, Savills said. The top two floors are occupied by the Italian restaurant Braci, while an Izakaya bar occupies the ground floor. Corporate office tenants use the second and fourth floors.

Savills executive director of investment sales and capital markets, Yap Hui Yee, commented that the sale was an “excellent opportunity” for the long-standing client to acquire a “charming flagship property in the heart of the CBD”.

The seller had purchased the property in June 2018 for $21.35 million, making a gain of $16 million from the recent sale.

Despite shophouses in the Boat Quay precinct typically being tightly held, this riverfront-facing property was made available for sale.

Investors interested in purchasing commercial properties located in Boat Quay should take the opportunity to check out the latest listings near the area. Additionally, EdgeProp’s research tool can provide an overview of recent transactions of properties on and near 52 Boat Quay.

$37 million was recently paid for a six-storey Boat Quay shophouse located in Singapore’s central business district. Savills Singapore, who brokered the deal, stated that the property had undergone extensive renovations in 2015 and is now a modern and well-equipped commercial space.

Covering 1,119 sq ft and located in a desirable area, the shophouse drew “significant interest” from investors. Yap Hui Yee, executive director of investment sales and capital markets at Savills Singapore, described the sale as an “excellent opportunity” for the long-standing client to acquire a “charming flagship property in the heart of the CBD”.

The property consists of the Italian restaurant Braci occupying the top two floors and an Izakaya bar on the ground floor. Corporate office tenants use the second and fourth floors.

The seller had purchased the property in June 2018 for $21.35 million and made a substantial profit of $16 million upon sale. Boat Quay shophouses are known for being tightly held, making this riverfront-facing property a rare opportunity for buyers.

Investors interested in purchasing commercial properties near Boat Quay should take the opportunity to check out the latest listings. Additionally, EdgeProp’s Research Tool can provide an overview of recent transactions of properties on and near 52 Boat Quay.…