Cape Town surges ahead as Joburg struggles to fill office space
Cape Town is the only metro where all individual nodes have experienced a decline in vacancy rates since the peak
11 April 2025 - 05:00
Johannesburg’s office space market is struggling to recover from pre-pandemic highs, with the vacancy rate in the sector approaching the 20% mark, further falling behind Cape Town, which is enjoying a purple patch.
Despite several companies pushing for a return-to-office policy, Johannesburg’s office sector appears to be struggling to fill the surplus office space, according to the SA Property Owners Association (Sapoa) office vacancy report for the first quarter of 2025...
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