The volume of commercial real estate investment in South Africa reached 20.5 billion South African rands in 2021, which was the second consecutive year of increase. According to the source, one of the reasons was that real estate investors was that real estate investors were looking to strengthen their portfolios by disposing of non-core assets, leading to a spike in investment activity. Retail real estate was the asset class with the highest investment volume totaling seven billion South African rands in 2021.
Commercial real estate investment in South Africa from 2017 to 2021, by property type
(in billion South African rands)
Characteristic
Offices
Industrial
Retail
Alternative, living & hospitality
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JLL. (March 30, 2022). Commercial real estate investment in South Africa from 2017 to 2021, by property type (in billion South African rands) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
JLL. "Commercial real estate investment in South Africa from 2017 to 2021, by property type (in billion South African rands)." Chart. March 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
JLL. (2022). Commercial real estate investment in South Africa from 2017 to 2021, by property type (in billion South African rands). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
JLL. "Commercial Real Estate Investment in South Africa from 2017 to 2021, by Property Type (in Billion South African Rands)." Statista, Statista Inc., 30 Mar 2022, https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
JLL, Commercial real estate investment in South Africa from 2017 to 2021, by property type (in billion South African rands) Statista, https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/ (last visited July 22, 2024)
Commercial real estate investment in South Africa from 2017 to 2021, by property type (in billion South African rands) [Graph], JLL, March 30, 2022. [Online]. Available: https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/