Offices stand empty

Offices stand empty

In my previous posting, I highlighted Liberty's new Sandton property. If you go back through my postings you will see news about several of South Africa's biggest companies (e.g. Old Mutual, Standard Bank and others) building massive new office blocks in Sandton.

This is in addition to the major corporations that have already moved there, including the Johannesburg Stock Exchange.

This report deals with vacancies in the Johannesburg CBD. The trend is clear but is it reversable?

Gareth Shepperson

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