Office Market

Workspace evolution: how flexible working is transforming economies

The rise of flexible working has transformed the business landscape. Driving this revolution are workspace providers such as Regus, who’ve provided professionals with more choices in the way they work.

Landlords cash in on Prime Office Space

Appetite for well-positioned P-grade (Prime grade) Offices appears to go against the grain of the current sluggish national economic climate — SA Commercial Prop News has learned.

Trendy Rosebank gets lion's share of property investment

Rosebank’s share of the property market is moving upwards — and this has being spurred by the strong growth experienced in this node in the past few years.

Office vacancies remain stubbornly high

The economy weakness is exerting a toll on commercial property owners, as a rising glut of office buildings makes it more difficult for some owners to lease the empty spaces.

Real Estate Investments in South Africa increased by R28 billion

Investment volumes in South Africa’s real estate saw a 55,2% increase in 2016, despite economic challenges, weak currency and political uncertainty.

Property demand pushes Rosebank to new market highs

Property punters say they are seeing increasing demand in the Rosebank precinct — with rentals surpassing those in Sandton and Melrose Arch.

Nedbank backs Umhlanga's new mixed-use development with R1bn

Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility.

Trends in Cape Town and Johannesburg property market

The office sector has been out of favour for the past few years, but there are some positive signals in retail while industrial property sector shifts to clean properties focussed on light manufacturing as heavy manufacturing struggles.

SA Property Market volumes to a Staggering R5.8-trillion

Believe it or not, the South African property sector is valued at R5.8 trillion, according to the latest Property Sector Charter Council’s (PSCC) report — aimed to determine the size of the country’s property sector.

Emira Property Fund sees little cheer

Emira Property Fund has warned that its results for the year 2017 could be lower than the audited results for the previous year.

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