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Office property vacancy rates in SAFor the quarter ended June 2014 the national office vacancy rate was 11.3%, up 30bps from Q1 with average asking rentals 1.9% lower than a year ago.Investec fund buys 5 properties JSE listed company Investec Property Fund will acquire five properties for R318 million including a prime office property in Midrand, Gauteng. Old buildings lag behind in rentals Old buildings are lagging behind in rentals when compared to modern buildings with state-of-the-art access control security.