SAPOA Office Vacancy Survey

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.

Office sector drifting

Office vacancies remain flat in South Africa suggesting that not enough new supply is coming on board, the South African Property Owner’s Association (Sapoa)’s latest vacancy report shows.

Prime office space still in demand

Although high office vacancies continue to plague the listed property sector, with weak economic conditions creating sluggish demand, there has been some respite in the second quarter of this year.

SA office spaces are all dressed up - with no one to fill them

Property funds have struggled to fill office vacancies this year with few companies seeking new office space, given the lack of new businesses opening in SA in a weak economy.

Hopes for Office Sector revival as vacancies hit nine-year high

The corner for South Africa's office market still seems some way away from turning into positive territory, with vacancies in major centres continuing to run at fairly high levels.

SA Office Sector still facing an Uphill Battle to Recovery

Other commercial property markets have seen impressive turnarounds in the midst of South Africa real estate recovery, particularly in Retail and the Industrial sectors, but the Office Market continues to languish as fewer companies place a premium on office space.

Cape Town office vacancy Q1 2013 reveals ‘little change’

Cape Town Office vacancies in the various nodes included in the first quarter of 2013 SAPOA Office Vacancy Survey show little change to the previous quarter’s figures.

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