Study by the Western Cape provincial government shows that the province's office properties make inefficient use of space and have higher costs per employee compared to the private sector.

Vacancies in SA’s stock of premier-grade office space remain exceptionally low, despite high levels of speculative development activity, reports the latest edition of the SAPOA Office Vacancy Survey. 

Weighed down by pedestrian economic growth, the office market continues to be the laggard of South Africa’s commercial property market, while the industrial sector is "in equilibrium" and retail property continues to perform well.

For the first time in several years, commercial property developers are bringing speculative office developments to market.

In the U.S., the stock market and, in particular, the housing market are inspiring cautious confidence in many MNCs.

A recent uptick in development activity in Tygervalley has led to the node further establishing itself as a big player in the Cape Town commercial property market.

Tenants are taking advantage of perennially high office vacancies to negotiate favourable long-term leases at low and in some cases, zero escalating rates on rentals

Redefine Properties’ R505 million redevelopment of the 90 Grayston commercial office address contributes to the vibrant and constant upgrade of Sandton, ensuring it keeps pace with other advanced cities around the world.  

Office sharing is a growing international trend in which small companies, and even multinationals, rent private office space or even desks in a larger communal complex, sharing amenities such as boardrooms, kitchens, receptionists and internet connectivity.

Rebosis Property Fund today reported overwhelming support from its linked unit holders with 99.9% of votes cast approving the Fund’s proposed acquisition of and capital raising for the Nthwese property portfolio.