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Johannesburg Office Market Overview Q1 2016

​Given the current economic backdrop, the Johannesburg office market remains stable with no significant growth in rentals or absorptions in the quarter. Take up of office space was only as a result of movement from occupiers from one node or asset class to another, rather than new entries into the market. The continuation of supply despite muted demand is leading to an oversupply of office accommodation in the market.​

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