Monthly rents of different commercial property types Johannesburg Q1 2020-Q1 2022
The industrial property sector was the only one which experienced an increase in prime rents in Johannesburg, South Africa between 2020 and 2022. From 5.5 U.S. dollars in the first quarter of 2020, the monthly square meter rent of industrial space grew to 6.9 U.S. dollars in the first quarter of 2022. Rental rates for retail space, on the other hand, halved during the period.
