As of June 2023, the luxury brands index within South Africa and Namibia demonstrated a trading density of over 356,000 South African rand (approximately 19,059 U.S. dollars) per square meter. When compared to the index of all centers, which amounted to almost 40,000 South African rand (around 2,130 U.S. dollars) per square meter, the luxury brands segment surpassed the all centers level by 795 percent.
Annualized trading density per square meter of luxury brands in South Africa in 2023
(in South African rand)
The source states the following: "The Clur Shopping Centre Index is derived from The Clur Report, an asset management industry standard, tracking performance at more than 4 million sqm of prime retail space across South Africa and Namibia, for listed and unlisted property funds."
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Clur International. (October 25, 2023). Annualized trading density per square meter of luxury brands in South Africa in 2023 (in South African rand) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/
Clur International. "Annualized trading density per square meter of luxury brands in South Africa in 2023 (in South African rand)." Chart. October 25, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/
Clur International. (2023). Annualized trading density per square meter of luxury brands in South Africa in 2023 (in South African rand). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/
Clur International. "Annualized Trading Density per Square Meter of Luxury Brands in South Africa in 2023 (in South African Rand)." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/
Clur International, Annualized trading density per square meter of luxury brands in South Africa in 2023 (in South African rand) Statista, https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/ (last visited December 22, 2024)
Annualized trading density per square meter of luxury brands in South Africa in 2023 (in South African rand) [Graph], Clur International, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/1424810/trading-density-of-luxury-brands-in-south-africa/
