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SAPOA: Commercial property returns remained stable during H1 2024

South African direct real estate returns continued to improve during H1 2024 with commercial property returns having remained stable according to the MSCI South Africa B-Annual Property Index.

The index is based on asset level data collected from a sample of 1 837 properties across 23 portfolios with a total capital value of R378.9 million as at the end of June 2024, representing approximately 56% of professionally managed investment property in SA.

For more detailed information on SA’s property trends, download a free copy of the latest report here (free to SAPOA members only).

How to access SAPOA’s reports:

  • Visit www.sapoa.org.za.
  • Login/register on SAPOA Members 
  • Click on ‘Reports’
  • Click on ‘Free Reports’
  • Click on ‘Office Vacancy Reports’

Not a SAPOA member? Sign up here