Rates hold steady ahead of Broll’s August auction spanning income, retail and development plays
- Rates will hold steady at 7.00% for the country's repo rate and 10.50% for the prime lending rate ahead of Broll’s August auction.
- The auction will feature a diverse spread of commercial property assets, including income-producing retail and student accommodation, as well as prime development land.
- The steady interest rates are expected to support bidder appetite at auction, allowing investors and developers to plan with greater confidence.
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