Cape Town City Report June 2019

June 01, 2019

Following an increase in the vacancy rate by 0.8% to 7.8% in Q4 2018, this has remained largely unchanged in Q1 2019 at 7.7%. Demand has been subdued and this is expected to characterise the market for much of the second half of the year. Nevertheless, we are monitoring the entry of ITC and related industry entrance into the city’s office market, providing long term potential growth as the city seems likely to develop into a hub for such industries.

Fill out this form to download report

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



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.