WATCH: Joburg records highest office vacancy rates in SA
Business Day TV speaks to John Loos, senior economist for commercial property finance at FNB
05 July 2023 - 19:40
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An office park in Sandton. Picture: FREDDY MAVUNDA
At 18.7%, Johannesburg’s office vacancy rate is the highest in the country. This is as the sluggish economy weighs on office space demand.
Business Day TV spoke to John Loos, senior economist for commercial property finance at FNB for more perspective on what these vacancies suggest about SA’s labour and commercial property market.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Joburg records highest office vacancy rates in SA
Business Day TV speaks to John Loos, senior economist for commercial property finance at FNB
At 18.7%, Johannesburg’s office vacancy rate is the highest in the country. This is as the sluggish economy weighs on office space demand.
Business Day TV spoke to John Loos, senior economist for commercial property finance at FNB for more perspective on what these vacancies suggest about SA’s labour and commercial property market.
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