Zandile Makhoba

Head: Research Sub-Saharan Africa

Zandile has extensive experience in economics and market analysis and has worked in both the public and private sector.

Zandile joined JLL in 2015 as Head of Research. She is responsible for the company’s analysis of the real estate market conditions and developing a market outlook to inform strategic decisions by various stakeholders in the industry. Her duties involve the co-ordination and production of analysis and reporting on the South African office, retail and industrial market, developing an understanding of the key factors that drive developer confidence, tenant occupancy trends, vacancy trends and rental rates. In executing this she co-ordinations the data collection and various technical analyses processes.

Zandile is responsible for JLL’s Thought Leadership papers, which aim to provide pioneering ideas that assist in the understanding of the current market, developing a long-term outlook for commercial real estate sub-sectors or shaping change in current practice.

Zandile has over nine years of experience in economics and market analysis, having worked in the public and private sectors of the economy. Her career began at Investec South Africa as a Research Analyst in Corporate Business Development. She established herself as an economist whilst at Econometrix, a prominent South African economics consulting firm.

Prior to joining JLL, Zandile was employed at the South African Revenue Services’ (SARS) Large Business Centre where she worked as a Specialist Economist in the Revenue, Risk and Intelligence Department.

Zandile’s experience in commercial real estate began at Rand Merchant Bank where she worked as a Commercial Real Estate Credit Analyst for a brief period.