{
  "url": "https://classa.info/cities/johannesburg",
  "title": "Johannesburg Class A Office Market",
  "description": "South Africa's commercial capital with deep mining, banking, and pan-African HQ tenancy.",
  "oneSentenceAnswer": "Johannesburg Class A office rents around R220/sqm/mo · ≈ $13.2 PSF/yr USD, with 16.2% vacancy and 6 months of typical rent-free on a 5-year term.",
  "tldr": [
    "Trophy product in Sandton trades at ZAR 220-280/sqm/month.",
    "Mining, banking, and pan-African HQ tenancy underwrite demand.",
    "Sandton has structurally replaced the legacy Joburg CBD.",
    "Power supply (load shedding) and security are tenant cost considerations."
  ],
  "keyFacts": {
    "city": "Johannesburg",
    "country": "South Africa",
    "region": "EMEA",
    "classARentLocal": "R220/sqm/mo · ≈ $13.2 PSF/yr USD",
    "classARentUsd": "$13.24427019946302/sqft/yr",
    "vacancyPct": "16.2%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "corporateTaxPct": "27%",
    "talentIndex": 78
  },
  "faqs": [
    {
      "question": "Why has Sandton replaced the Joburg CBD?",
      "answer": "Through the 1990s and 2000s, security concerns and infrastructure decline drove a structural migration of corporate tenants from the legacy CBD to Sandton. The CBD now hosts predominantly government and lower-cost tenancy."
    },
    {
      "question": "What is the load shedding context?",
      "answer": "South Africa has experienced rolling power outages (load shedding) since 2008. Class A trophy buildings universally provide backup generation; energy backup is now a fundamental tenant requirement."
    },
    {
      "question": "What is the pan-African HQ market?",
      "answer": "Johannesburg hosts deep regional African headquarters for mining majors, banking, telecom, and multinationals serving sub-Saharan markets. South Africa's depth of capital markets and English-language professional base structurally underwrites this role."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/johannesburg), updated 2026-04-15T00:00:00.000Z."
}