The volume of commercial real estate investment in South Africa reached 17.15 billion South African rands in 2023, which was a slight uptick from the previous year. According to the source, one of the reasons was that real estate investors were looking to strengthen their portfolios by disposing of non-core assets, leading to a spike in investment activity. In 2023, industrial real estate was the asset class with the highest investment volume, totaling almost seven billion South African rands.
Commercial real estate investment in South Africa from 2017 to 2023, by property type
(in billion South African rands)
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JLL. (March 12, 2024). Commercial real estate investment in South Africa from 2017 to 2023, by property type (in billion South African rands) [Graph]. In Statista. Retrieved December 19, 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 2023, by property type (in billion South African rands)." Chart. March 12, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
JLL. (2024). Commercial real estate investment in South Africa from 2017 to 2023, by property type (in billion South African rands). Statista. Statista Inc.. Accessed: December 19, 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 2023, by Property Type (in Billion South African Rands)." Statista, Statista Inc., 12 Mar 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 2023, 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 December 19, 2024)
Commercial real estate investment in South Africa from 2017 to 2023, by property type (in billion South African rands) [Graph], JLL, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1320459/commercial-real-estate-investment-by-type-south-africa/
