Office property sector needs a growing economy to sustain demand for space

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Office property sector needs a growing economy to sustain demand for space
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Low business confidence coupled with unreliable power supply dampens tenant appetite for office space

Sustained economic growth is needed to bring the supply demand dynamics to balance, while load-shedding is not helping the office property sector’s fragile recovery.

In the current low economic growth environment, the office property sector continues to battle high vacancies due to oversupply that has characterised the sector even before the Covid-19 pandemic...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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