2016 State of Claremont Report

  Baker Street Properties welcomes the recent publication of the 2016 State of Claremont Report by the Claremont Improvement District Company (CIDC). The document provides owners, occupiers and investors with a comprehensive overview of development trends and key market indicators of this prime commercial node in Cape Town’s Southern Suburbs. Highlights from the report: A […]

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We Welcome The Somfy Group to Airport City in Cape Town

  We proudly welcome the Somfy Group to their new industrial property in Airport City, Cape Town. Baker Street Properties Director of Industrial Leasing, Lloyd Nussey, designed a warehouse solution of 1050 square meters for this reputable international brand and will be one of over 50 warehouses around the world supporting the company’s main logistics […]

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The 3 Biggest Property Trends for Cape Town in 2017

The Cape Town Property Market has continued to show stability during 2016. Here are some of the most significant property trends for Cape Town in 2017, as well as the associated implications for developers, owners and occupiers. 1. Increased residential development and reconversions   It is no surprise that the residential property market in Cape […]

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2016 Q3 Cape Town Office Market Report

Highlights from the Cape Town Office Market Report Q3 2016: Total office accommodation has seen a marginal increase of just 3.3% y/y from Q3 2015, despite numerous new building completions. The lack of new entries into the market suggests that demand is limited, therefore, landlords are competing for existing occupiers. Both Grade A and Grade […]

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Advice to Growing Companies on Lease Flexibility

    There are many potential reasons why a growing company would require more flexibility in a lease agreement, and it would be best to explore these strategies with your broker. In most cases, tenants seek increased flexibility to align property lease strategy with business strategy. Limited flexibility in a lease agreement for commercial or […]

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3 Driving Forces Fuelling International Retail in South Africa

Our Love for Spending and Malls It is no secret that South Africans are notorious spenders and poor savers. On 26 September, The Alliance Global Wealth Report estimated South Africa’s debt per capita at R31 856 (€2 070) – which is significantly higher than the average of other emerging markets at R24 777 (€1 610). […]

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We welcome The Fruitspot to Greenfield Industrial Park

  Baker Street Properties is proud to welcome our new client The Fruitspot to Greenfield Industrial Park – a brand new property development in Airport Industria, Cape Town. The company signed a lease for 4200 square meters with major landlord Growthpoint Properties, with the business solution designed and brokered by our Industrial Property Director, Lloyd […]

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Cape Town Industrial Property Market Outlook Sept 2016

  The current state of the Cape Town industrial property market suggests local business confidence has improved somewhat, evident in a significant decrease in vacancies in the industrial nodes of Montague Gardens, Killarney Gardens, Epping, Maitland and Ndabeni in particular. Supply of industrial property in Cape Town of over 1000m2 continues to enjoy steady demand […]

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3 Brand New Office Developments in Cape Town Northern Suburbs

Significant new development activity in the Northern Suburbs of Cape Town has contributed an estimated 34 920 square meters of Premium Grade office accommodation to both Plattekloof and Tygervalley. Following the overall market trend of tenants relocating from B or A grade buildings into Premium grade properties, the Northern Suburbs now offer established companies more […]

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SAPOA breakfast with Executive Mayor of Cape Town

  On Friday 19 September, the South African Property Owners Association (SAPOA) hosted a talk by the Honourable Executive Mayor of the City of Cape Town, Ms Patricia de Lille, accompanied by Executive Deputy Mayor Ian Neilson at the River Club in Cape Town. The Mayoral executive team addressed the property industry about key Economic […]

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