Commercial Real Estate in South Africa

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btn-primary contactUsMobile-anchor">CONTACT US</a> </div> </header>  <main style="">  <section class="container"> <nav aria-label="breadcrumb"> <ol class="breadcrumb js-breadcrumb"> <li class="breadcrumb-item js-breadcrumb-item"><a href="/de-de">Home</a></li> <li class="breadcrumb-item js-breadcrumb-item"><a href="/de-de/offices">Offices</a></li> <li class="breadcrumb-item js-breadcrumb-item active" aria-current="page">South Africa</li> </ol> </nav> </section>  <section class="container" style="" > <div class="theme-darkblue"> <div class="hero mix_hero-image js-hero"> <img class="d-none d-md-block image-resizing h-auto" alt="South Africa" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/emea/south-africa/office/south-africa-desktop.jpg?rev=097fc711a5fd4bc68b57097ac4dfc5ed" width="1488" height="360"/> <img class="d-block d-md-none image-resizing h-auto" alt="South Africa" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/emea/south-africa/office/south-africa-mobile.jpg?rev=d637781d9f84426d848e44d31175c9b7" width="366" height="234"/> </div> </div> </section> <div class="container"> <div class="row"> <div class="col-lg-8" style=""> <section style=""> <div class="page-title" data-dttype="OfficeDetailPage"> <h1 class="page-title-main">South Africa</h1> </div> <div> <div class="page-content-body rich-text"> <h2>REAL ESTATE IN SOUTH AFRICA </h2> <h3>Retail Property Sector </h3> With a population unlike any other country, made up of a broad spectrum of ethnicities, the South African (SA) retail market is widespread and diverse, comprising of both formal and informal retail trade space.  <br /> <br /> With roughly 25.6 million m² of formal retail space, and approximately 3.0 million m² in the pipeline, competition is extensive and demands new offerings and unique experiences from shopping centres and retailers in order to attract customers and retain market share. <br /> <br /> <h3>Office Space Sector </h3> The office sector, which is estimated to measure around 32.2 million m², is experiencing a degree of pressure as a result of current economic conditions and the COVID-19 pandemic.  <br /> <br /> The overall office vacancy rate is 13.3% which is the highest since 2004.This is evident by a change in demand for space within certain nodes across the country as well as cautious attitudes being adopted by a number of corporates.  <br /> <br /> However, road infrastructure upgrades and new office developments coming onto the market are increasing the attractiveness of a number of nodes and growth has been evident in areas such in Johannesburg as Sandton, Rosebank and Century City which are situated in close proximity to public transport infrastructure. <br /> <strong> <br /> </strong> <h3><strong>Industrial Real Estate Sector </strong></h3> With regards to current industrial market conditions, developments with high yard ratios in addition to warehouses with high category ASIB ratings on firefighting equipment appear to be in demand.  <br /> <br /> Furthermore, new warehouse developments are generally being constructed on demand, although developments of smaller units on risk are also evident.  <br /> <br /> In relation to online shopping, this is expected to lead to a demand for decentralised warehouse facilities within closer proximity to ports across South Africa.  <br />  <br /> <h2>Why South Africa? </h2> South Africa is the continent’s most developed economy and is a labour-intensive country, with strong labour market volumes in terms of semi-skilled and unskilled labour.  <br /> <br /> The country has an estimated population of 58.8 million. It has formidable manufacturing and financial sectors. It is the world’s largest exporter of gold and platinum.  <br />  <br /> <h2>What we offer </h2> <p>We help our clients make intelligent business decisions to get maximum value from the spaces they occupy. <br /> <br /> The Cushman & Wakefield | BROLL partnership provides a full suite of services designed to comprehensively drive a client’s business advantage and its value to levels beyond just a best practice strategy.  <br /> <br /> It’s all in the delivery:</p> <ul> <li>Integrated data and finance management </li> <li>Advisory and transactions </li> <li>Account management </li> <li>Estate management </li> <li>Workplace consulting </li> <li>Facilities management </li> <li>Retail tenant representation, leasing and strategy </li> </ul> </div> </div> <input type="hidden" id="l1" value=-26.11182> <input type="hidden" id="l2" value=28.054367> <input type="hidden" id="prop" value=61+Katherine+Street+Johannesburg%2c+Johannesburg+2132> <div id="map"></div>  <style type="text/css"> #map { width: 100%; height: 450px; margin-bottom: 40px; } </style> <script type="text/javascript"> var p1 = document.getElementById('l1').value; var p2 = document.getElementById('l2').value; var prop = document.getElementById('prop').value; prop = prop !== "" && prop !== undefined && prop !== null && decodeURIComponent(prop).replace(/\+/g, " "); var hostUrl = document.location.origin; var iconBase = hostUrl + '/Assets/images/CW-Map-pin-50x50.png'; // Initialize and add the map function initMap() { const myLatLng = { lat: Number(p1), lng: Number(p2) }; const map = new google.maps.Map(document.getElementById("map"), { zoom: 16, center: myLatLng, }); // add a custom marker new google.maps.Marker({ position: map.getCenter(), map: map, title: prop, icon: iconBase }); } window.initMap = initMap; </script> </section> </div> <div class="col-lg-4" style=""> <section style=""> <div class="sidebar"> <h4 class="sidebar-header alt">Office Information</h4> <div class="sidebar-body"> <p> 61 Katherine Street<br /> Sandown Ext. 54 2196<br /> Saxonwold<br /> Johannesburg, Johannesburg 2132 <br /> South Africa<br /> </p> <p><a class="font-weight-bold" href="tel: "> </a></p> </div> </div> <div class="sidebar"> <h4 class="sidebar-header text-center">Local Office Contact</h4> <div class="card mix_person"> <a href="/en/united-states/people/ken--gerber"> <img class="card-img-top image-resizing" alt="Ken Gerber" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/emea/south-africa/people/ken-gerber.jpg?h=224&w=224&rev=7df8bfe26b0d4991aaf26df20c4dc922&hash=163CFA6029949ABD4C47C472AD30BFA3" height="224" width="224" /> </a> <div class="card-body"> <h6 class="font-weight-bold"> <a href="/en/united-states/people/ken--gerber">Ken Gerber</a> </h6> <p class="card-text mt-3"> <span class="font-weight-bold">COO, Cushman & Wakefield Broll</span><br /> <span class="font-weight-bold">Johannesburg, South Africa</span><br /> </p> <hr class=""/> <p class="font-weight-bold "> <a href="/api/GetVCard?personId={030C0F4C-30C2-4687-97BE-42E32EDF8C66}&vcn=KenGerber"><i class="far fa-id-card"></i> VCard herunterladen</a> </p> </div> </div> <div class="sidebar-secondaryContacts"> <p> <a href="/de-de/inquire" class="btn btn-primary btn-block" target="_self" title="contact" >contact</a> </p> </div> </div> </section> </div> </div> </div> <section class="container" style="" > <div class="card mix_padded "> <div class="card-body"> <div class="row no-gutters"> <div class="card-logo col-sm-12 col-xl-3"> <img class="image-resizing h-auto" alt="CW Broll logo" src="https://cw-gbl-gws-prod.azureedge.net/-/media/cw/emea/south-africa/cw-broll-logo.jpg?rev=eeafd35c841243ffb0164e3e2935f903" loading="lazy" width="273" height="280" /> </div> <div class="col"> <h5 class="card-title text-uppercase">More Information on Cushman & Wakefield South Africa</h5> <div class="card-text rich-text">See property listings or visit Cushman & Wakefield Broll website for more contact information and service details.</div> <a href="https://www.broll.com/results/commercial/for-sale/ " class="btn btn-primary px-5 cta-generic-btn" rel="noopener noreferrer" target="_blank" title="Property Listing" >Property Listing</a> <a href="https://cwbroll.com/" class="btn btn-secondary px-5 cta-generic-btn" rel="noopener noreferrer" target="_blank" title="Cushman & Wakefield Broll website" >visit Cushman & Wakefield Broll website</a> </div> </div> </div> </div> </section> <section class="container-fluid" style="" > <div class="hero mix_hero-prefooter js-hero"> <div class="hero-animation-container"> <div class="hero-prefooter-stripes"></div> </div> <div class="container"> <div class="row align-items-center"> <div class="col-lg-7 offset-lg-1"> <h3 class="text-uppercase">Can't Find What You Are Looking For?</h3> <div class="rich-text">Get in touch with one of our professionals.</div> </div> <div class="col-lg-2 offset-lg-1"> <a href="/de-de/inquire" class="btn btn-primary" >Contact Us</a> </div> </div> </div> </div> </section> <div class="cookiecontent">  <div id="banner_title" class="desc_text"> Your privacy matters to us </div> <div id="description_text" class="desc_text"> <p>Cushman & Wakefield verwendet Cookies, um den Datenverkehr zu analysieren und unseren Kunden das beste Erlebnis auf dieser Website zu bieten. 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