Rentals for new, premium-grade offices in Rosebank have recently surpassed those in Sandton, according to the latest data Is Rosebank starting to overtake nearby Sandton as Johannesburg’s most desirable work, live and play hub?It appears so, judging by the record rentals being achieved in the node for new, top-notch office space and the burgeoning demand for luxury apartment living.Rentals for new, premium-grade offices in Rosebank have recently surpassed those in Sandton, according to the latest data from Jones Lang LaSalle.Corporate tenants in Rosebank are forking out an average R230/m ² (gross) for premium-grade office space in Rosebank, while their Sandton counterparts are paying an average R207/m ² for space of similar quality.That follows a 9% jump in Rosebank office rentals in the second quarter (year-on-year), the highest growth in any Johannesburg office node, and comfortably ahead of Fourways, Johannesburg’s next-best performer, at 3.37%, and Sandton at 2.48%.Rosebank is ...
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