Market Share of South Africa Commercial Real Estate Industry
The South African market for commercial real estate is fragmented with 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, mainly in Europe, due to its robust economy and growth. The South African REIT sector is outperforming in terms of returns to investors. There is a need for investment in all sectors to foster further development in South Africa's commercial real estate sector.
Commercial Real Estate South Africa Market Leaders
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Growthpoint Properties
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Amdec Group
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Pam Golding Properties
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Excellerate JHI
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Chas Everitt Property Group
*Disclaimer: Major Players sorted in no particular order
