Read the latest market reports for Johannesburg and Cape Town
View our selection of featured properties
Find the latest commercial & industrial properties
See how we can help you get more from your real estate
Let us help you maximise your property values and returns
Cape Town Office Market Outlook Q1 2016
Over 18,000 square metres of office accommodation was taken up in Q1 2016, indicating stable levels of office demand in Cape Town. The office market saw no change in the vacancy rate of 7.2% from Q4 2015. However, vacancies declined in Grade P accommodation, while marginal increases were recorded in Grade A and Grade B properties. Oversupply may be a real concern in the short term if demand begins to slow as a result of the decline in business confidence in the economy.
Johannesburg Retail Market Outlook Q1 2016
Retail accommodation has seen a decline in vacancies in Q1 2016 (SAPOA). This coincides with further retail sales growth in the economy. The underlying question is the extent to which household consumption can continue to support the ongoing growth in the retail sector given the recent rise in inflation and interest rates.
Johannesburg Office Market Outlook Q1 2016
Given the current economic backdrop, the Johannesburg office market remains stable with no significant growth in rentals or absorptions in the quarter. Take up of office space was only as a result of movement from occupiers from one node or asset class to another, rather than new entries into the market. The continuation of supply despite muted demand is leading to an oversupply of office accommodation in the market.
Johannesburg Industrial Market Outlook Q1 2016
The retail sector has contributed to continued activity in the logistics and warehousing sector, stimulating demand for industrial accommodation. Investor confidence has grown despite economic challenges, resulting in the rise of a number of speculative developments breaking ground. Average rentals experienced a 2.8% y/y decline in the overall market in Q1 2016, with the southern and western nodes driving much of the decline. Public sector initiatives are reaffirming investor confidence in the city and businesses can look forward to improving efficiency in the city.
Applications open for 2017 graduate programme
Applications are open for the 2017 JLL and Tétris South Africa Graduate Programme. The scheme provides graduates with the opportunity to learn from specialised property-related disciplines in the business. With a wide range of service lines to explore and a wealth of expertise in-house, interns are exposed to all of the technical, business and professional skills they need to shape and develop a meaningful career in professional property services.
Find out more and apply online
Commercial Real Estate Transaction Review
According to the 2015 Commercial Real Estate Transaction Review for South Africa, the trend in commercial property investment activity has been one of managing risk and avoiding loss in the South African economy, increasing the preference to hold property as opposed to cash reserves.
IAOP Global Outsourcing 100® features JLL for its strong track record in delivering value
JLL acquires Trussard Property Consultants to drive further growth in South Africa
JLL has acquired Trussard Property Consultants, a leading local real estate leasing and investment agency business, based in Johannesburg. The addition of Trussard will further accelerate the strong growth momentum in JLL’s South Africa business.
On investing in REITs - drivers of capital gains vs drivers of profitability
An analysis of South African REITs performance, firstly from a capital gains perspective, and secondly, from a profitability perspective. The analysis is aimed at outlining the investment value of the REITs as well as their long term potential in the current climate. We also take a look at the characteristics which produce the best and worst performance in the local REITs that can inform investors when making a selection against the listed property trusts in the economy.
2015 Most Admired Company
FORTUNE magazine recognised JLL’s global competitiveness, superior client-focused workforce and financial soundness on its Most Admired Companies list.
A representative will be in contact with you shortly.
Need help? Connect with one of our experts. We look forward to helping you with your real estate needs.