Today there are as many as 13 providers of Serviced Office Space in Cape Town – most of them running at near full capacity. The significant rise in demand for serviced office solutions in The Mother City has impacted the market in various ways, including the location- and workplace strategies of both local and international companies. Best described as a blend […]
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Cape Town Office Market set for Rental Growth in 2017
Cape Town Office Market Q4 2016 | Highlights from the report: Global confidence in the City of Cape Town has reflected in two global rankings, getting the city off to a positive start in 2017. Cape Town featured in the Financial Mail’s FDI Intelligence report, ranking 21 in the world for its FDI strategy, […]
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 […]
Office Market Report Suggests Stable Demand Despite Tough Economic Climate
To download the full report, click here Highlights from this report: Grade P office accommodation has grown exponentially as developments come to completion. Cape Town recorded a 7.8% vacancy rate, having the lowest recorded vacancies among Johannesburg and KwaZulu-Natal, and a significantly lower vacancy rate compared to the national office vacancy rate of 10.5% according […]
Latest Report: Cape Town Office Market shows resilience despite economic challenges
Download the latest report by clicking here Highlights from the Cape Town Office Market Report Q1 2016: The City experienced a slight increase in supply towards the end of 2015. The report suggests stable levels for office demand in Cape Town. Tenants continue to show a stronger preference for quality accommodation in the city, contributing […]
Cape Town becoming increasingly significant as strategic business location in SA
To download the full report, click here Highlights from this report: Demand in office accommodation showed improvement in Cape Town during Q4 2015, providing a positive start to 2016. The overall Cape Town office vacancy rate declined to 7.2% in Q4 2015 from 9.0% in Q3 2015. The presence of major financial institutions continues to […]
Latest Cape Town Office Market Report shows improved investor confidence
To download the full report, click here Highlights from this report: Investor confidence showed improvement in Q3 2015 from the first half of the year with the majority of new developments being speculative in nature. The overall vacancy rate increased slightly to 9.0% in Q3 2015. However, recent activity will see a reduction in the […]
New Residential Developments helping the Cape Town Office Market
Exclusive Office Market Report Q2 Highlights from this report: The conversion of Triangle House and other residential redevelopments in the Cape Town City Bowl positively influenced the dynamics of the office market in Cape Town. The overall vacancy rate reduced to 8,1% compared to 9,2% in quarter 1 in 2015 – this is the lowest […]
Cape Town Office Market Outlook: Q1 2015
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 […]
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