INDUSTRY REPORTS PUBLICATIONS DATA FEED SERVICES WOWEB CONTACT US
Item added to your cart
Real Estate Activities
BY Louise Mitchell
South Africa
06 September 2018
R 14 400.00 (ZAR)  
estimated $ 1 100.18 (USD) *
Buy Now

Real Estate Activities in South Africa


This report focuses on the real estate industry which comprises commercial, industrial and residential properties, as well as property valuation and bond origination. The real estate sector contributed 5.6% to GDP, based on 2016 data. The South African listed-property sector is worth about R500bn with about 46% of the value of the sector reflecting investment in overseas markets. The real estate sector’s performance largely depends on economic drivers and has been challenged by slow economic growth during the past few years. In spite of this, the number of principal estate agents registered with the Estate Agency Affairs Board grew by 4.8% from 2016 to 2017. Property development is not showing signs of slowing down, but developers are struggling to increase occupancy rates due to oversupply.


Pressing Issues


South Africa’s real estate landscape is set to undergo major changes in the future driven mainly by regulatory changes, including land restitution, and technology disruptors. Growth in residential property prices remained subdued in the first five months of 2018 with house prices increasing 4% and 4.8% year-on-year in May. There are a number of opportunities in the sector brought about by high demand for student accommodation and gated communities and urban renewal and regeneration projects. But low projected growth rates and slowdown in economic activity could limit expansion and new development.


Report Coverage


The comprehensive report on South African Real Estate Activities describes current conditions and recent developments in all sub-sectors, as well as factors influencing the success of the sector. The report profiles 141 companies, including the main players in the residential real estate sector, Pam Golding Properties, RE/MAX of Southern Africa, Seeff Property Services and Harcourts Real Estate. Profiles also include Vukile Property Fund and Arrowhead which have made significant acquisitions and developers including Abland, WBHO and Renprop.


Page
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 3
2.2. Geographic Position 3
3. SIZE OF THE INDUSTRY 5
4. STATE OF THE INDUSTRY 7
4.1. Local 7
4.1.1. Corporate Actions 19
4.1.2. Regulations 19
4.1.3. Enterprise Development and Social Economic Development 23
4.2. Continental 26
4.3. International 28
5. INFLUENCING FACTORS 30
5.1. Economic Environment 30
5.2. Government Initiatives 31
5.3. Land Restitution 34
5.4. Rising Operating Costs 34
5.5. Water and Electricity Supply Constraints 36
5.6. Labour 37
5.7. Technology Disruptors 39
5.8. Information Technology (IT), Research and Development (R&D) and Innovation 40
5.9. Cyclicality 42
5.10. Transport Systems 42
5.11. Crime and Security 43
5.12. Consumer Education 44
5.13. Environmental Concerns 45
6. COMPETITION 46
6.1. Barriers to Entry 48
7. SWOT ANALYSIS 48
8. OUTLOOK 49
9. INDUSTRY ASSOCIATIONS 50
10. REFERENCES 52
10.1. Publications 52
10.2. Websites 53
APPENDIX 1 – SUMMARY OF MAJOR PLAYERS 55
Commercial Property Investment and Management Companies 55
Property Developers 64
Sustainable Human Settlements (previously RDP Housing) 70
Development of Leisure Resorts and Hotels 71
Industrial Development Zones 73
Residential Real Estate 74
Property Valuation 76
Bond Origination 77
APPENDIX 2 78
Major Property Development Projects recently Completed or in Progress 78
APPENDIX 3 82
Office and Industrial Property Development Projects Recently Completed or in Progress 82
APPENDIX 4 83
Retail Centre Projects Recently Completed or in Progress 83
APPENDIX 5 86
Affordable (or GAP) Housing Developments Recently Completed or in Progress 86
APPENDIX 6 89
Other Legislation Relevant to the Real Estate Sector 89
APPENDIX 7 91
Qualification Requirements for the Industry 91
COMPANY PROFILES - COMMERCIAL PROPERTY INVESTMENT AND MANAGEMENT 92
ACCELERATE PROPERTY FUND LTD 92
ACSION LTD 95
ADRENNA PROPERTY GROUP LTD 98
AFHCO HOLDINGS (PTY) LTD 100
ARROWHEAD PROPERTIES LTD 103
ASCENSION PROPERTIES LTD 106
ATTERBURY PROPERTY (PTY) LTD 108
BEARE PROPERTIES (PTY) LTD 110
BROLL PROPERTY GROUP (PTY) LTD 112
CITY LODGE HOTELS LTD 115
DELTA PROPERTY FUND LTD 121
EMIRA PROPERTY FUND LTD 124
EQUITES PROPERTY FUND LTD 127
ERIS PROPERTY GROUP (PTY) LTD 130
EXCELLERATE REAL ESTATE SERVICES (PTY) LTD 135
EXEMPLAR REITAIL LTD 138
FAIRVEST PROPERTY HOLDINGS LTD 141
FIELDSPACE PROPERTY MANAGERS (PTY) LTD 144
FORTRESS REIT LTD 146
FREEDOM PROPERTY FUND LTD 149
GEMGROW PROPERTIES LTD 152
GROWTHPOINT PROPERTIES LTD 155
HERIOT REIT LTD 160
HERMANS AND ROMAN PROPERTY SOLUTIONS (PTY) LTD 162
HOMECHOICE HOLDINGS LTD 165
HYPROP INVESTMENTS LTD 167
INFRAMAX HOLDINGS (PTY) LTD 171
INGENUITY PROPERTY INVESTMENTS LTD 173
INVESTEC PROPERTY FUND LTD 176
JHI RETAIL (PTY) LTD 179
LEGACY HOTELS AND RESORTS (PTY) LTD 181
LIBERTY HOLDINGS LTD 186
MAXPROP HOLDINGS (PTY) LTD 191
MERCHANT AND INDUSTRIAL PROPERTIES LTD 194
MONTAGU HOMES (PTY) LTD 196
OASIS CRESCENT PROPERTY FUND 198
OASIS CRESCENT PROPERTY FUND MANAGERS LTD 200
OCTODEC INVESTMENTS LTD 202
OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LTD 206
ORION REAL ESTATE LTD 211
PARETO LTD 214
PASSENGER RAIL AGENCY OF SOUTH AFRICA 217
PUBLIC INVESTMENT CORPORATION SOC LTD 220
PUTPROP LTD 227
REBOSIS PROPERTY FUND LTD 230
REDEFINE PROPERTIES LTD 233
RENPROP (PTY) LTD 237
RESILIENT REIT LTD 240
RMG MANAGEMENT GROUP SA (PTY) LTD 243
SA CORPORATE REAL ESTATE LTD 245
SABLE HOLDINGS LTD 248
SANLAM LTD 251
SARGAS (PTY) LTD 255
STOR-AGE PROPERTY REIT LTD 257
STRATEGIC REAL ESTATE MANAGERS (PTY) LTD 260
TEXTON PROPERTY FUND LTD 262
TOURVEST HOLDINGS (PTY) LTD 265
TOWER PROPERTY FUND LTD 270
TRAFALGAR PROPERTY MANAGEMENT (PTY) LTD 273
VISUAL INTERNATIONAL HOLDINGS LTD 275
VUKILE PROPERTY FUND LTD 278
ZENPROP MANAGEMENT SERVICES (PTY) LTD 281
ZENPROP PROPERTY HOLDINGS (PTY) LTD 282
COMPANY PROFILES – MAJOR PROPERTY DEVELOPERS 285
ABLAND (PTY) LTD 285
ACSION LTD 288
AFHCO HOLDINGS (PTY) LTD 291
ATTERBURY PROPERTY (PTY) LTD 294
ERIS PROPERTY GROUP (PTY) LTD 296
FREE STATE DEVELOPMENT CORPORATION 301
GROUP FIVE LTD 304
GROWTHPOINT PROPERTIES LTD 308
HYPROP INVESTMENTS LTD 313
INGENUITY PROPERTY INVESTMENTS LTD 317
INVESTEC PROPERTY (PTY) LTD 320
KEYSTONE INVESTMENTS (PTY) LTD 324
LIBERTY HOLDINGS LTD 326
MONTAGU HOMES (PTY) LTD 331
OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LTD 333
ORION REAL ESTATE LTD 338
RABIE PROPERTY GROUP (PTY) LTD 341
RENPROP (PTY) LTD 344
RPP DEVELOPMENTS (PTY) LTD 347
SABLE HOLDINGS LTD 350
SUMMERCON HOLDCO (PTY) LTD 353
SWISH PROPERTY GROUP (PTY) LTD 355
TCI PROPERTIES (PTY) LTD 357
TONGAAT HULETT DEVELOPMENTS (PTY) LTD 359
VISUAL INTERNATIONAL HOLDINGS LTD 361
WBHO CONSTRUCTION (PTY) LTD 364
WESTBROOK RESIDENTIAL DEVELOPMENT (PTY) LTD 367
ZENPROP PROPERTY HOLDINGS (PTY) LTD 369
ZOTOS BROTHERS (PTY) LTD 372
COMPANY PROFILES - SUSTAINABLE HUMAN SETTLEMENTS – (PREVIOUSLY RDP HOUSING) 374
CALGRO M3 HOLDINGS LTD 374
INFRAMAX HOLDINGS (PTY) LTD 378
NU-WAY HOUSING DEVELOPMENTS (PTY) LTD 380
POWER DEVELOPMENT PROJECTS (PTY) LTD 383
TRUSTGRO DEVELOPMENTS (PTY) LTD 386
COMPANY PROFILES – DEVELOPMENT OF LEISURE RESORTS & HOTELS 388
CITY LODGE HOTELS LTD 388
KAT LEISURE (PTY) LTD 394
LEGACY HOTELS AND RESORTS (PTY) LTD 397
PEERMONT GLOBAL (PTY) LTD 402
SUN INTERNATIONAL LTD 406
TSOGO SUN HOLDINGS LTD 412
COMPANY PROFILE – INDUSTRIAL DEVELOPMENT ZONE 421
COEGA DEVELOPMENT CORPORATION (PTY) LTD 421
EAST LONDON INDUSTRIAL DEVELOPMENT ZONE SOC LTD 424
RICHARDS BAY INDUSTRIAL DEVELOPMENT ZONE COMPANY SOC LTD 426
COMPANY PROFILES – RESIDENTIAL REAL ESTATE 428
AIDA NATIONAL FRANCHISES (PTY) LTD 428
ELECTRONIC REALTY ASSOCIATES (SOUTH AFRICA) (PTY) LTD 433
EVERYBODY WINS REAL ESTATE FRANCHISING (PTY) LTD 437
FIRST REALTY CENTRAL (PTY) LTD 444
FIRZT REALTY (PTY) LTD 450
GEFFEN INTERNATIONAL REALTY FRANCHISES (PTY) LTD 452
JAWITZ PROPERTIES (PTY) LTD 456
JUST PROPERTY GROUP HOLDINGS (PTY) LTD (THE) 458
LEAPFROG PROPERTY GROUP (PTY) LTD 460
MY AFRICA PROPERTIES (PTY) LTD 463
PAM GOLDING PROPERTIES (PTY) LTD 465
PROPERTY REFERRAL NETWORK (PTY) LTD 467
REALTY ONE INTERNATIONAL PROPERTY GROUP (PTY) LTD 470
SEEFF PROPERTY SERVICES (PTY) LTD 473
WAKEFIELDS REAL ESTATE (PTY) LTD 475
COMPANY PROFILES – PROPERTY VALUATION 477
APPRAISAL CORPORATION CC 477
BROLL VALUATION AND ADVISORY SERVICES (PTY) LTD 479
CAPE VALUE (PTY) LTD 481
CORPORATE VALUATIONS CC 483
DDP VALUERS (PTY) LTD 485
ERIS PROPERTY GROUP (PTY) LTD 488
MAGNUS PENNY ASSOCIATES CC 493
MILLS FITCHET (EAST COAST) CC 495
MILLS FITCHET (GAUTENG) CC 497
MILLS FITCHET (KZN) CC 498
MILLS FITCHET (NATAL) (PTY) LTD 500
MILLS FITCHET (PWV) (PTY) LTD 502
MILLS FITCHET AFRICA (PTY) LTD 504
MILLS FITCHET VALUATIONS (PTY) LTD 505
RODE AND ASSOCIATES (PTY) LTD 507
S A APPRAISERS AND VALUERS CC 509
SPECTRUM VALUATIONS AND ASSET SOLUTIONS (PTY) LTD 511
COMPANY PROFILES – BOND ORIGINATION 513
BETTERLIFE GROUP LTD 513
INTELLIGENT DEBT MANAGEMENT (PTY) LTD 515
MULTINET HOME LOANS (PTY) LTD 517
OOBA (PTY) LTD 519