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Joburg’s brokers estimate that 40% of office sales were driven by resi repurposing in Q1 2025 – Property Wheel

Summary by propertywheel.co.za
The office property market appears to be in an ‘adjustment and down-sizing’ phase, with FNB Commercial Property Finance predicting that the sector will strengthen between 2025 and 2027. “However, despite this expected improvement, we anticipate the office market to continue to underperform compared to the retail and industrial property sectors”, comments John Loos, Senior Economist at FNB Commercial Property Finance, adding that their recent pro…
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Joburg’s brokers estimate that 40% of office sales were driven by resi repurposing in Q1 2025 – Property Wheel

The office property market appears to be in an ‘adjustment and down-sizing’ phase, with FNB Commercial Property Finance predicting that the sector will strengthen between 2025 and 2027. “However, despite this expected improvement, we anticipate the office market to continue to underperform compared to the retail and industrial property sectors”, comments John Loos, Senior Economist at FNB Commercial Property Finance, adding that their recent pro…

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propertywheel.co.za broke the news in on Wednesday, March 26, 2025.
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