Rising transport costs may force tenants to work remotely and reduce space requirements
The office property market, which was battling high vacancies even before Covid-19 struck, is starting to see slight improvement in demand for space thanks to easing in lockdown restrictions and the return to the office by many companies.
But rising fuel costs could see tenants allowing employees to work from home to save money on fuel costs, said John Loos, property sector strategist at FNB Commercial Property Finance...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gauteng's rising crime: Makhura wants more police officers, opposition parties blame the ANC | News24David Makhura says Gauteng needs more police officers to tackle crime. Makhura described the two shootings as an indication of the lawlessness which had engulfed the province. | ZintleMahlati
Read more »
Nigeria: MSF Seeks Nigerian Govt, UN Intervention Over Rising Malnutrition in Crisis-Ridden North-WestMédecins Sans Frontières (MSF) translated to mean 'Doctors without Borders,' an international medical humanitarian organisation has raised the alarm over the rocketing number of malnourished children in Nigeria's north-west.
Read more »
Tributes pour in for rising SA hip hop star Tumi Tladi | ChannelSouth African DJ, Dejavee, who Tladi announced new music with hours before his death, wrote on Twitter: 'I will never heal from this,' with multiple broken heart emojis.
Read more »
National Taxi Alliance pleads with government to help ease economic blowThe call by the NTA comes after the taxi industry plans to increase fares by between 25% and 30% because of the rising fuel costs.
Read more »
A R17.50 per litre alternative to South Africa’s record-high petrol priceThe opposition Democratic Alliance says parliament is currently processing its Fuel Price Deregulation Bill, with the proposed law aimed at significantly lowering the cost of petrol in the country.
Read more »