Report Coverage
This report focuses on the real estate industry which comprises commercial, industrial and residential properties, as well as property development, property valuation and bond origination. It includes comprehensive information on values, purchase prices and transfers and rental and vacancy trends, developments and corporate actions of JSE-listed companies, developers and estate agents. There are profiles of 123 companies including commercial property companies such as Growthpoint, Hyprop, Redefine and Vukile, developers such as Keystone, WBHO and Renprop, leisure resort and hotel developers including Southern Sun and Sun International and residential real estate companies such as Seeff, Rawson and Pam Golding as well as several valuation and bond origination companies.
Real Estate Activities in South Africa
Property price growth has remained steady, including throughout the pandemic. Some subsectors, such as commercial properties, were significantly affected by the pandemic and listed property shares fell by more than 45% in 2020 before recovering. The commercial property sector has experienced growing rental vacancies and a decrease in property valuations. Property owners’ operating costs are growing and service delivery of local municipalities continues to deteriorate. Many commentators fear that the Expropriation Bill will lower investor confidence. Investment in the alternative property market (co-working offices, data centres, retirement homes, self-storage, student housing and cold storage) and hospitality sector (hotels, restaurants, entertainment facilities) has increased, mainly at the expense of the industrial and commercial sectors.
Key Trends
Buyers are increasingly beginning their purchase search online and this is expected to continue and include drone footage, 3D tours and virtual property tours. Millennials are expected to dominate the buyer’s market, resulting in a rising demand for entry-level homes. The luxury market is buoyant, and there is Increased demand for international property. The energy crisis is resulting in investment in solar, wind and gas. Relocation to coastal areas and rural and remote towns is set to continue, and many areas are experiencing stock shortages and record sales. Work-from-home, hybrid working and safer living trends continue to be major driving forces in property-buying decisions, and there is continued conversion of commercial space to residential.
Real Estate Activities in South Africa
2023
Full Report
R 20 000.00(ZAR) estimated $1062.84 (USD)*
Industry Overview
R 14 000.00(ZAR) estimated $ 743.99 (USD)*
Industry Organograms
Historical Reports
Real Estate Activities in South Africa 2021-06-30
R 6 500.00(ZAR) estimated $345.42 (USD)*
View Report Add to CartReal Estate Activities in South Africa 2020-05-14
R 1 900.00(ZAR) estimated $100.97 (USD)*
View Report Add to CartReal Estate Activities in South Africa 2018-09-06
R 1 900.00(ZAR) estimated $100.97 (USD)*
View Report Add to CartReal Estate Activities in South Africa 2016-11-11
R 1 900.00(ZAR) estimated $100.97 (USD)*
View Report Add to CartReal Estate Activities in South Africa 2015-02-20
R 1 900.00(ZAR) estimated $100.97 (USD)*
View Report Add to CartTable of Contents
[ Close ]| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 3 |
| 2.2. | Geographic Position | 4 |
| 2.3. | Size of the Industry | 6 |
| 3. | LOCAL | 13 |
| 3.1. | State of the Industry | 13 |
| 3.2. | Key Trends | 23 |
| 3.3. | Key Issues | 24 |
| 3.4. | Notable Players | 25 |
| 3.5. | Corporate Actions and Developments | 29 |
| 3.6. | Regulations | 36 |
| 3.7. | Enterprise Development and Social Development | 42 |
| 4. | AFRICA | 45 |
| 5. | INTERNATIONAL | 49 |
| 6. | INFLUENCING FACTORS | 56 |
| 6.1. | Unforeseen Events | 56 |
| 6.2. | Economic Environment | 57 |
| 6.3. | Labour | 59 |
| 6.4. | Safety and security | 62 |
| 6.5. | Road Conditions and Infrastructure | 63 |
| 6.6. | Cyclicality | 63 |
| 6.7. | Environmental Issues and Social Concerns | 64 |
| 6.8. | Technology, Research and Development and Innovation | 68 |
| 6.9. | Government Support and Initiatives | 69 |
| 6.10. | Land Expropriation | 74 |
| 6.11. | Input Costs | 76 |
| 6.12. | Construction Costs and Activity | 77 |
| 7. | COMPETITIVE ENVIRONMENT | 78 |
| 7.1. | Competition | 78 |
| 7.2. | Ownership Structure of the Industry | 79 |
| 7.3. | Barriers to Entry | 79 |
| 8. | SWOT ANALYSIS | 80 |
| 9. | OUTLOOK | 81 |
| 10. | INDUSTRY ASSOCIATIONS | 83 |
| 11. | REFERENCES | 84 |
| 11.1. | Publications | 84 |
| 11.2. | Websites | 87 |
| APPENDICES - Summary of Notable Players | 89 | |
| Appendix 1 - Commercial Property Investment and Management Companies | 89 | |
| Appendix 2 - Property Developers | 101 | |
| Appendix 3 - Sustainable Human Settlement (Previously RPD Housing) | 109 | |
| Appendix 4 - Development of Leisure Resorts and Hotels | 111 | |
| Appendix 5 - Industrial Development Zones | 112 | |
| Appendix 6 - Residential Real Estate | 113 | |
| Appendix 7 - Property Valuations | 115 | |
| Appendix 8 - Bond Origination | 116 | |
| ADDENDUM 1 – MEDICAL REAL ESTATE | 117 | |
| 1. MEDICAL REAL ESTATE | 117 | |
| 2. REFERENCES | 125 | |
| 2.1 Publications | 125 | |
| 2.2 Websites | 126 | |
| Appendix 9 – Commercial Property Investment and Management Companies in Medical Real Estate | 127 | |
| COMPANY PROFILES - Commercial Property Investment and Management Companies | 130 | |
| Accelerate Property Fund Ltd | 130 | |
| Acsion Ltd | 133 | |
| AFHCO Holdings (Pty) Ltd | 136 | |
| Atterbury Management Company (Pty) Ltd | 139 | |
| Beare Properties (Pty) Ltd | 141 | |
| Broll Property Group (Pty) Ltd | 143 | |
| City Lodge Hotels Ltd | 146 | |
| Delta Property Fund Ltd | 153 | |
| Dipula Income Fund Ltd | 156 | |
| Emira Property Fund Ltd | 159 | |
| Equites Property Fund Ltd | 163 | |
| Eris Property Group (Pty) Ltd | 167 | |
| Excellerate Real Estate Services (Pty) Ltd | 172 | |
| Exemplar REITail Ltd | 175 | |
| Fairvest Ltd | 179 | |
| Fieldspace Property Managers (Pty) Ltd | 182 | |
| Fortress Real Estate Investments Ltd | 184 | |
| Free State Development Corporation | 188 | |
| Growthpoint Properties Ltd | 191 | |
| Hammerson PLC | 197 | |
| Heriot REIT Ltd | 200 | |
| Hermans and Roman Property Solutions (Pty) Ltd | 203 | |
| Hyprop Investments Ltd | 206 | |
| Industrials REIT Ltd | 210 | |
| Inframax Holdings (Pty) Ltd | 213 | |
| Ingenuity Property Investments (Pty) Ltd | 215 | |
| Investec Property Fund Ltd | 217 | |
| JHI Retail (Pty) Ltd | 221 | |
| Legacy Hotels and Resorts (Pty) Ltd | 223 | |
| Liberty Holdings Ltd | 227 | |
| Maxprop Holdings (Pty) Ltd | 231 | |
| Montagu Homes (Pty) Ltd | 234 | |
| Oasis Crescent Property Fund | 236 | |
| Oasis Crescent Property Fund Managers Ltd | 239 | |
| Octodec Investments Ltd | 241 | |
| Old Mutual Ltd | 246 | |
| Orion Real Estate Ltd | 251 | |
| Pareto Ltd | 253 | |
| Passenger Rail Agency of South Africa | 256 | |
| Public Investment Corporation SOC Ltd | 260 | |
| Putprop Ltd | 267 | |
| Rebosis Property Fund Ltd | 270 | |
| Redefine Properties Ltd | 273 | |
| Renprop (Pty) Ltd | 277 | |
| Resilient REIT Ltd | 279 | |
| RMG Management Group SA (Pty) Ltd | 282 | |
| SA Corporate Real Estate Ltd | 284 | |
| Sable Holdings (Pty) Ltd | 288 | |
| Sanlam Ltd | 291 | |
| Sargas (Pty) Ltd | 297 | |
| Sirius Real Estate Ltd | 299 | |
| Stor Age Property REIT Ltd | 305 | |
| Strategic Real Estate Managers (Pty) Ltd | 308 | |
| Texton Property Fund Ltd | 310 | |
| Tourvest Holdings (Pty) Ltd | 313 | |
| Tower Property Fund (Pty) Ltd | 319 | |
| Tradehold Ltd | 322 | |
| Trafalgar Property Management (Pty) Ltd | 325 | |
| Visual International Holdings Ltd | 328 | |
| Vukile Property Fund Ltd | 331 | |
| Zenprop Property Holdings (Pty) Ltd | 334 | |
| COMPANY PROFILES - Property Developers | 336 | |
| Abland Investment Holdings (Pty) Ltd | 336 | |
| Acsion Ltd | 339 | |
| AFHCO Holdings (Pty) Ltd | 342 | |
| Atterbury Management Company (Pty) Ltd | 345 | |
| Eris Property Group (Pty) Ltd | 347 | |
| Free State Development Corporation | 352 | |
| Group Five Ltd | 355 | |
| Growthpoint Properties Ltd | 358 | |
| Ingenuity Property Investments (Pty) Ltd | 364 | |
| Investec Property (Pty) Ltd | 366 | |
| Keystone Investments (Pty) Ltd | 370 | |
| Montagu Homes (Pty) Ltd | 372 | |
| Rabie Property Group (Pty) Ltd | 374 | |
| Renprop (Pty) Ltd | 377 | |
| RPP Developments (Pty) Ltd | 379 | |
| Summercon Holdco (Pty) Ltd | 381 | |
| Swish Property Group (Pty) Ltd | 383 | |
| TCI Properties (Pty) Ltd | 385 | |
| Tongaat Hulett Developments (Pty) Ltd | 387 | |
| Visual International Holdings Ltd | 389 | |
| WBHO Construction (Pty) Ltd | 392 | |
| Westbrook Residential Development (Pty) Ltd | 396 | |
| Zenprop Property Holdings (Pty) Ltd | 398 | |
| Zotos Brothers (Pty) Ltd | 400 | |
| COMPANY PROFILES - Sustainable Human Settlement (Previously RPD Housing) | 402 | |
| Calgro M3 Holdings Ltd | 402 | |
| Inframax Holdings (Pty) Ltd | 406 | |
| Nu-Way Housing Developments (Pty) Ltd | 408 | |
| Power Development Projects (Pty) Ltd | 411 | |
| Trustgro Developments (Pty) Ltd | 414 | |
| COMPANY PROFILES - Development of Leisure Resorts and Hotels | 416 | |
| City Lodge Hotels Ltd | 416 | |
| Kat Leisure (Pty) Ltd | 423 | |
| Legacy Hotels and Resorts (Pty) Ltd | 426 | |
| Peermont Global (Pty) Ltd | 430 | |
| Southern Sun Ltd | 434 | |
| Sun International Ltd | 441 | |
| COMPANY PROFILES - Industrial Development Zones | 447 | |
| Atlantis Special Economic Zone Company SOC Ltd | 447 | |
| Coega Development Corporation (Pty) Ltd | 449 | |
| East London Industrial Development Zone SOC Ltd | 455 | |
| Richards Bay Industrial Development Zone Company SOC Ltd | 458 | |
| COMPANY PROFILES - Residential Real Estate | 461 | |
| AIDA National Franchises (Pty) Ltd | 461 | |
| Electronic Realty Associates (South Africa) (Pty) Ltd | 465 | |
| Everybody Wins Real Estate Franchising (Pty) Ltd | 468 | |
| First Realty Central (Pty) Ltd | 476 | |
| Firzt Realty (Pty) Ltd | 480 | |
| Geffen International Realty Franchises (Pty) Ltd | 482 | |
| Jawitz Properties (Pty) Ltd | 486 | |
| Just Property Group Holding (Pty) Ltd (The) | 488 | |
| Leapfrog Property Group (Pty) Ltd | 491 | |
| My Africa Properties (Pty) Ltd | 494 | |
| Pam Golding Properties (Pty) Ltd | 496 | |
| Property Referral Network (Pty) Ltd | 499 | |
| Rawson Residential Franchises (Pty) Ltd | 503 | |
| Realty One International Property Group (Pty) Ltd | 505 | |
| Seeff Property Services (Pty) Ltd | 507 | |
| Wakefields Real Estate (Pty) Ltd | 510 | |
| COMPANY PROFILES – Property Valuations | 513 | |
| Appraisal Corporation CC | 513 | |
| Broll Valuation and Advisory Services (Pty) Ltd | 515 | |
| Cape Value (Pty) Ltd | 517 | |
| Corporate Valuations CC | 519 | |
| DDP Valuers (Pty) Ltd | 521 | |
| Eris Property Group (Pty) Ltd | 524 | |
| Magnus Penny Associates CC | 529 | |
| Mills Fitchet (East Coast) CC | 531 | |
| Mills Fitchet (Gauteng) CC | 533 | |
| Mills Fitchet (KZN) CC | 534 | |
| Mills Fitchet (Natal) (Pty) Ltd | 536 | |
| Mills Fitchet (PWV) (Pty) Ltd | 538 | |
| Mills Fitchet Africa (Pty) Ltd | 540 | |
| Mills Fitchet Valuations (Pty) Ltd | 542 | |
| Rode and Associates (Pty) Ltd | 544 | |
| S A Appraisers and Valuers CC | 547 | |
| Spectrum Valuations and Asset Solutions (Pty) Ltd | 549 | |
| COMPANY PROFILES - Bond Origination | 551 | |
| BetterHome Group Ltd | 551 | |
| Intelligent Debt Management (Pty) Ltd | 554 | |
| MultiNET Home Loans (Pty) Ltd | 556 | |
| Ooba (Pty) Ltd | 558 | |
| COMPANY PROFILES –Medical Real Estate | 562 | |
| Benchmark Group (Pty) Ltd | 562 | |
| Gap Infrastructure Corporation (Pty) Ltd | 564 | |
| Giflo Holdings (Pty) Ltd | 566 | |
| Growthpoint Healthcare Property Holdings (RF) Ltd | 568 | |
| Life Healthcare Group Holdings Ltd | 570 | |
| Netcare Ltd | 575 | |
| Orbvest SA (Pty) Ltd | 580 | |
| Mediclinic Group Ltd | 581 |
