Dave Russell, a director of Baker Street Properties, has announced that the company has successfully concluded leases for a number of high profile tenants in the newly refurbished Atlantic Centre on the Foreshore.
According to Dave Russell, a director of Baker Street Properties, the subdued economic climate continues to affect the office leasing market, with limited demand for new offices this quarter.
Office vacancies in the various nodes included in the Q1 2013 SAPOA Office Vacancy Survey show little change to the previous quarter’s figures.
SOARING building costs will probably prevent an oversupply of new office developments, and in turn create a positive office rental market in the short to medium term.

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