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Cape Town Office Market Report Q4 2016 Vacancies

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, […]

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The Importance of FICA in SA Commercial Real Estate

  The administration associated with lease and sale agreements in commercial real estate carries significant risk and responsibilities. In South Africa, the real estate industry is governed by an industry body named the Estate Agency Affairs Board of South Africa (or EAAB) who strictly enforces the Financial Intelligence Centre Act 38 of 2001 (or FICA). […]

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3 Tips on Expanding an International Company into Cape Town

  Over the years, we’ve had the pleasure of assisting a number of international companies to expand their business into South Africa. Accessing a new market significantly overlaps with real estate strategy, identified by JLL as one of the top four factors motivating location decisions. Therefore, real estate strategy should align with business strategy and […]

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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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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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Lease and FICA

Advice to Growing Companies on Lease Flexibility

  This article was updated on 9 April, 2018 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. Flexibility in […]

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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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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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A Glimpse into Your 2020 Office

This article was updated on 22 May, 2017 In less than five years, you will likely be renewing your lease. Technological advancements combined with rapidly shifting working practices are changing the way we work, and how we look at office space.  In fact, the office space of 2020 may not be focused on “space” at […]

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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 […]

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