Despite some negative industry news regarding an increase in vacancy rates in certain metropoles throughout the country, we are happy to report that the Tygervalley area has seen a slight decrease in office vacancies for December 2018. The area currently has a vacancy factor of only 4,30%. The absence of speculative new office developments is one of the causes. When we experience an uptick in the economy during 2019/2020, it is our opinion that the situation might worsen with even lower vacancies. This should be good news for property owners as a lower supply could signal some strong growth in rental rates.