This blog post was updated on 11 October, 2017. Companies are under greater pressure than ever before to be more efficient, lean and agile to remain competitive and sustainable. Consolidation is a popular strategy which has gained significant momentum in the industrial real estate market in Cape Town. The trend is particularly evident among companies […]

Cape Town Office Market set for Rental Growth in 2017
on 23rd March 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, […]

The Importance of FICA in SA Commercial Real Estate
on 22nd March 2017
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). […]

3 Tips on Expanding an International Company into Cape Town
on 23rd February 2017
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 […]

2016 State of Claremont Report
on 28th November 2016
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 […]

2016 Q3 Cape Town Office Market Report
on 2nd November 2016
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 […]

We welcome The Fruitspot to Greenfield Industrial Park
on 14th October 2016
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 […]

SAPOA breakfast with Executive Mayor of Cape Town
on 27th September 2016
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 […]

A Glimpse into Your 2020 Office
on 26th September 2016
This article was revised on the 3rd of November 2020 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” […]

Office Market Report Suggests Stable Demand Despite Tough Economic Climate
on 10th August 2016
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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