Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
Divorce, Maintenance, Personal Injury, Medical Negligence
I see that the Lonehill shopping centre is being auctioned tomorrow. There are prominent signs everywhere that it is being auctioned and I see quite a media write-up as to what a great centre it is, and what a huge amount it is expected to be auctioned for. For me it will really be a case of seeing is believing, because although it can have a vibey feel around it, when the restaurants are open, the centre has a lot of shops that are closed, covered up windows where they are waiting for tenants and very, very few shoppers around on a mid-morning weekday. I cannot imagine that it would make an amazing investment, at the sort of prices they are estimating it will be sold for, although there is no denying that it is surrounded by a very lucrative market and a considerable number of upper-end economically active people.
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!