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Cape Town office rentals showing the strongest growth

Category News

Office rentals in Cape Town decentralized are showing the strongest growth, possibly benefitting from very low
vacancy rates in the city’s top suburban office nodes. In the first quarter of 2017, nominal market rentals in Cape Town
decentralized showed growth of 7%, slightly in excess of the expected growth in building-cost inflation of 6%. Cape
Town decentralized was followed by Durban and Pretoria decentralized, where rentals were up by 6% and 2%
respectively.

Author: Rode

Submitted 11 Sep 17 / Views 788