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Monthly rents of different commercial property types Cape Town Q1 2020-Q1 2022

Published by Statista Research Department, Jul 13, 2022
The industrial property sector was the only one which experienced an increase in prime rents in Cape Town, 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 Cape Town, South Africa in 1st quarter 2020 and 1st quarter 2022, by property type (in U.S. dollars per square meter)

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Release date

June 2022

Region

South Africa

Survey time period

Q1 2020 and Q1 2021

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