The industrial property sector was the only one which experienced an increase in prime rents in Cape Town, South Africa between 2020 and 2022. From 5.5 U.S. dollars in the first quarter of 2020, the monthly square meter rent of industrial space grew to 6.9 U.S. dollars in the first quarter of 2022. Rental rates for retail space, on the other hand, halved during the period.
Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type
(in U.S. dollars per square meter)
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Knight Frank. (June 26, 2022). Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/
Knight Frank. "Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter)." Chart. June 26, 2022. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/
Knight Frank. (2022). Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/
Knight Frank. "Average Monthly Rents for Commercial Property in Cape Town, South Africa in 1st Quarter 2020 and 1st Quarter 2022, by Property Type (in U.S. Dollars per Square Meter)." Statista, Statista Inc., 26 Jun 2022, https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/
Knight Frank, Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/ (last visited December 19, 2024)
Average monthly rents for commercial property in Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) [Graph], Knight Frank, June 26, 2022. [Online]. Available: https://www.statista.com/statistics/596387/monthly-rents-cape-town-south-africa-by-property-type/
