Demand to buy or lease state-of-the-art office spaces in very specific office nodes around the city is rising while the vast majority of ‘normal’ office settings remain unoccupied with buildings recording occupancies only on the first, second, and in lucky instances, third floors.
Property agents say the development--which is a welcome relief following a slump witnessed in the last couple of years—is being fuelled by multinational corporations, non-governmental organisations, and government agencies looking to set up regional offices.