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Reporting Console

The trust layer · variance to budget · benchmarks · market intel — all reconciled to the audit primitive

live · synced 12m ago
Weekly briefing · Friday 06:00 SASTgenerated 12m ago

Monte Circle is sitting R487 200 recoverable this cycle, mostly driven by the AfriSky escalation under-application and a Block C OpEx pro-rata under-billing. Utilities are R124 800 in avoided overpayment thanks to the CoJ tariff back-correction. Year-on-year NOI is up +6.3% against the Rode Fourways office node which printed +4.2%. Arrears 60+ down 42% YoY; the rent-roll is healthier than this time last year. Recommended action:push the AfriSky and Volta recovery invoices this week so the Q2 roll-up clears clean; lodge the CoJ tariff correction so the back-period appears in next month's narrative.

Variance to budget · April 2026

R300 290 recovered

Bar height = |variance| · click any line to drill

Base rentOpExRatesInsuranceSecurityCleaningMaintenanceCoJEskomWaterTurnover
ActualVariance · favourableVariance · unfavourable
Net− R11 945

Benchmarks · vs panel median

n=84 · Rode

Bar height = |% vs median| · click any line to drill

OpExRatesInsuranceSecurityCleaningMaintenanceCoJEskomWater
YoursDelta · underDelta · over
5 below · 4 above medianSource · Rode office category

Market intel · Fourways · Office

Rode / MSCI · Q1 2026 · static for v0.1 · monthly cadence

Q1 2026
Avg gross rental R/sqmR128+4.2% YoY
Vacancy8.4%−0.6% QoQ
Avg escalation7.1%−0.3pp
Avg lease term (months)54+2 vs Q4
Tenant retention82%+1.5pp
Net absorption (sqm)+11 200Q1
Source of truthaudit_rows · PT1
Refresh cadencelive · weekly briefing on Friday 06:00 SAST
Benchmark panel84 office properties · Rode