Research

Cape Town Office Market Dynamics, Q3 2024

Summary and analysis of Cape Town's current office real estate market conditions.

November 11, 2024
Contributors:
  • Mieke Purnell

Office vacancies in Cape Town are at an all-time low, and the bulk of the city’s significant development pipeline has been pre-let.

Strategically located offices are being refurbished to include sustainability-related characteristics as green credentials become paramount.

The recently implemented Digital Nomad Visa will boost tourism to the city and bolster demand for serviced offices of most descriptions.

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