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.
Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type
(in U.S. dollars per square meter)
Characteristic
2020
2022
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Knight Frank. (June 28, 2022). Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/
Knight Frank. "Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter)." Chart. June 28, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/
Knight Frank. (2022). Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/
Knight Frank. "Average Monthly Rents for Commercial Property in Johannesburg, South Africa in 1st Quarter 2020 and 1st Quarter 2022, by Property Type (in U.S. Dollars per Square Meter)." Statista, Statista Inc., 28 Jun 2022, https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/
Knight Frank, Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/ (last visited July 27, 2024)
Average monthly rents for commercial property in Johannesburg, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter) [Graph], Knight Frank, June 28, 2022. [Online]. Available: https://www.statista.com/statistics/596350/monthly-rents-johannesburg-south-africa-by-property-type/