In this high risk article we try provide guidance on those industry advances expected in Africa in 2020. (We also “mark our homework” on our bets for 2019). We hope that you, as reader, gain strategic advantage in our attempts at commercial real estate industry “crystal balling”!
There are two parts to this article.
The first part looks at Bryanston over the last 10 years. The second tries to crystal ball gaze where Bryanston will be in the next 10.
Due to its historical low-density zoning and power supply constraints, the suburb is characterised by low-rise offices and low-density office parks. This is reinforced by the numbers – for example, 707.6K sqm of leasable area is located on 1,883,120 sqm of land specifically used for office.
This translates into an average floor to area ratio (FAR) of 0.38. Remember this number and concept, we will come back to it later… (Out of interest, Sandton’s average floor to area ratio is exactly 1.00 (based on the total area of land specifically used for office is 2,078.2K sqm))
Explaining this in simpler terms – the tallest office building in Bryanston, Knightsbridge, is on four storeys. Meanwhile, in Sandton, the tallest office building is Sandton City’s Office Towers – reaching twenty storeys, and clearly visible on the skyline.
In summary, Bryanston’s density compared to Sandton is low – this provides “room for growth”.
Bryanston before and after
Has Bryanston changed much in the last ten years?
The graphics below give you a Bryanston “before and after” photo: