Research

Durban Office Market Dynamics, Q3 2024

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

November 11, 2024
Contributors:
  • Mieke Purnell

Enquiries are still being received from BPO and related operators, however there is a shortage of suitable stock available for letting in desired nodes.

Existing vacancies are both structural and systemic in nature, given niche demand fundamentals and lackluster economic conditions.

Changes in supply stem from stock being removed from the inventory and converted to alternative uses. Limited new office development is anticipated.

Fill out this form to download report

There was an error submitting the form. Please try again. 

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

You may also like

Global | Investor | December 16, 2024

Global Real Estate Outlook 2025: Summary

Our research experts’ perspectives on the impact of economic and geopolitical trends on the global real estate outlook and regional and country prospects.

Global | Workplace | December 11, 2024 | Office

Global occupier trends to watch in 2025

Key trends that will impact global CRE strategies and market dynamics

Global | Cities | December 11, 2024

Cityscape Experience Catalysts

Insights from the JLL Global Consumer Experience Survey exploring the experience factors that drive urban excellence in real estate.