Market Share of South Africa Commercial Real Estate Industry
The South African commercial real estate market is fragmented with the presence of local and global players. Developers are more inclined to spend money on reinventing property rather than building on new land. Some of the country's major commercial real estate players include Growthpoint Properties, Amdec Group, Pam Golding Properties, Excellerate JHI, and Chas Everitt Property Group.
It is also noted that South Africans are migrating to invest in properties outside Africa, mostly in Europe, due to its robust economy and growth. South Africa's REIT sector is outperforming in terms of returns to investors. There is a need for investment in all sectors to foster further development in commercial real estate in South Africa.
Commercial Property South Africa Market Leaders
Growthpoint Properties
Amdec Group
Pam Golding Properties
Excellerate JHI
Chas Everitt Property Group
*Disclaimer: Major Players sorted in no particular order
