Highlights from this report:
- The first quarter of 2015 has seen a continuation of flat market conditions in the Cape Town office sector.
- The overall vacancy rate in Cape Town remained stable at 9,3% in Q1 2015.
- Pressure on rental rates is most visible on Grade P properties and is anticipated that low demand will see rental rates declining in some of the best buildings.
- The V&A Waterfront still boasts the highest rental rates in the City of Cape Town.
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