Q3 2020 Johannesburg Office Market Report

While landlords battle with the rise of vacancy rates, operating expenses, and declining rentals off the back of surging oversupply and growing work-from-home trends, tenants stand to benefit from downward rental trajectories. Economic conditions, exacerbated by Covid-19, have forced a tragically growing number of companies to either close, downsize, or delay growth – adding even more pressure to the market.

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