As South Africa’s business capital, Johannesburg’s
rental rate remains stable despite an increasing demand for flexible office space. A decline in the country’s GDP growth has meant that many businesses in Johannesburg are looking to reduce costs by switching to serviced office spaces. With this in mind, the Bryanston and Fourways areas have become increasingly popular as both offer low-cost options for businesses.
Traditionally home to more conventional workspace, cities such as Cape Town
are also starting to develop more coworking and flexible office space in areas such as Woodstock and the CBD, in order to accommodate the evolving business scene. While competition for office space in Cape Town is high, as both local and foreign business owners look to set up in the city, there is still a wide range of office space available to fulfill a variety of requirements.
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