As any of the logistics service providers operating in the capital know, office space in Maputo is at a premium. The average price per square metre to rent office space in Maputo ranges between US$2000 and US$3200 per sqm per year, according to a study by consultancy Prime Yield Moçambique (PYM). “Over the last five years the price of renting office space has risen due to high demand, particularly from large companies and the arrival of foreigners,” says PYM consultant Daniela Costa. New office blocks that are expected to come onstream over the next five years are expected to stabilise rentals. At present Maputo has approximately 337000 sqm of office space, according to Costa. CAPTION The Maputo skyline is dotted with cranes – a bellwether of economic growth.
