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SAPOA Office Vacancy Report for Q1 2023

During Q1 2023, SA’s office vacancy rate improved once again after peaking at a new all-time high of 16.7% during Q2 2022. According to the SAPOA Office Vacancy Survey, the overall vacancy rate at quarter end was 15.8% – down 30 basis points quarter-on-quarter.

The most recent survey’s sample comprised 3 108 office properties across 52 nodes and 19.1 million square meters of gross lettable area (GLA) including developments currently under construction.

For more detailed information on SA’s office vacancies, download a free copy of the latest report here (free to SAPOA members only).

How to access SAPOA’s reports:

  • Visit www.sapoa.org.za.
  • Login/register on SAPOA Members 
  • Click on ‘Reports’
  • Click on ‘Free Reports’
  • Click on ‘Office Vacancy Reports’

Not a SAPOA member? Sign up here