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New Cape Town property developments to watch out for in 2017/2018

New property developments in Cape Town’s main commercial nodes continue the focus on lifestyle and mixed-use properties. Century City and the V&A Waterfront remain The Mother City’s two highest growing mixed-use nodes, positioning themselves with superior lifestyle amenities, convenience and security. In-line with the City of Cape Town’s socio-economic development plan on densification, developers are […]

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ZaiLab Leading Change in the BPO Industry

Ever wondered why the 10th floor of Cape Town’s tallest building looks different to the rest of the property at night? It’s the unique lighting system of software- and hardware-development company ZaiLab – an emerging leader in the design of innovative contact-centre and communications solutions. Portside is home to the company’s African operation, with its […]

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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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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

  This article was updated on 15 June, 2017 Our Love for Spending and Malls It is no secret that South Africans are notorious spenders and poor savers. In 2016, 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 […]

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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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