Rode Media

Category Office

2025: A pivotal year for South Africa’s office real estate dynamics

South Africa’s office real estate market is poised for a transformative year in 2025, with Cushman & Wakefield | BROLL predicting that it will mark the end of a lengthy ‘tenant-market’ cycle and as property demand-supply dynamics are shifting in favour of landlords. In the year ahead, the property solutions leader expects more office real estate deals to flow, increased office space take-up and rental growth driven by solidified hybrid work policies, an evolution in tenant-controlled office designs, and even the re-emergence of new development in some locations.

The selling of Portside Tower

Accelerate Property Fund (APF) is taking significant steps to manage its financial position by offloading some substantial properties. Selling these assets, especially notable ones like Portside Tower seems like a strategic move to reduce their debt burden, which is quite large at R3.7 billion.

Adapting office environments for a thriving hybrid workforce

In the evolving South African built environment, the debate on the future of office spaces is intensifying, particularly in light of a growing number of South African companies requiring their workforce to either return to the office or be in the office for a minimum of three days a week. This local hybrid trend echoes a global shift to a hybrid work model, spotlighting the need to adapt office spaces to these new working patterns.

Why is your office half-empty? 7 key reasons employees aren’t returning and how to fix them

Despite a post-pandemic rise in office space utilisation, the numbers tell a stark story; current office occupancy is hovering around 32%. This means that more than two-thirds of your expensive commercial real estate is sitting empty, raising questions about sustainability and robbing your office of the vibrant energy needed to foster collaboration, creativity, and culture.