Cape Town's R2.5bn Tower signals major investment boom

Afrirent's R2.5bn ThirtyFour18, a 35-storey tower beside the CTICC with 101 apartments, a five-star hotel and offices, aims to start building in April 2027.

Afrirent's R2.5bn ThirtyFour18, a 35-storey tower beside the CTICC with 101 apartments, a five-star hotel and offices, aims to start building in April 2027.

UCT research at the GBCSA Convention estimated R12,000 to R21,000 a year in water savings at two green-certified developments, yet many residents don't know it.

Cape Town leads industrial rental growth at 11.7%. Swindon Property on where R30m buys the best returns in Cape Town, Johannesburg and Durban.

Gawie Venter's R3bn Bahari Bay eco-estate in Shelly Beach plans 489 homes on 100 hectares, with more than 100 plots sold to local and international buyers.

NWU's new medical school, welcoming students from 2028, could lift demand in Potchefstroom, where Die Bult student units offer 8% to 11% potential net returns.




























Repo rate (SARB)
Monetary Policy Committee rate · 29 Oct 2026
7.25%
+0.25pp on 25 Sep 2026
Prime lending rate
Standard bank variable rate · 29 Oct 2026
10.75%
+0.25pp on 25 Sep 2026
Inflation (CPI)
Consumer price index (YoY) · Sep 2026
4.5%
+0.1pp from 4.4% in Aug 2026
Rand / US dollar
ECB reference rate · 29 Oct 2026
R16.64to $1
+0.76% vs 22 Oct (R16.52)
National house price index
(Stats SA HPI, YoY) · May 2026
8.2%
National house price growth
(Lightstone Index, YoY) · Sep 2026
5.9%
Average national rent
(All residential properties) · Q2 2026
R9,715per month
+4.6% YoY (Q2 2026)
National rental growth
(All residential properties, YoY) · Q2 2026
5.2%
+0.5pp QoQ (Q2 2026)
SA REIT sector
Total return (September 2026)
+1.6%
SA listed property (J253)
(FTSE/JSE, September 2026)
−5.8%
Petrol 95 inland
(DMPR, 7 October 2026)
R30.25per litre
Diesel 0.05% wholesale inland
(DMPR, 7 October 2026)
R31.95per litre
Cover story
eXp Realty South Africa & Laureus: A Partnership Changing Futures Through SportBy Khanya Gundwana
Inside this issue

Residential

New Developments

Commercial

REITs

Listed Property

Offshore

Student

Offices

Retail

Industrial

Green Buildings

Mixed Use

Apartments & Flats

Hospitality

Senior Living

Affordable Housing

Luxury Residential

Business Broking

Multi Family

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Research ReportsDownload My Student House's free SA Student Accommodation Monitor 2026: demand, supply, NSFAS funding, returns and risk in student housing, in one report.
Research ReportsLightstone warns fuel relief eases pressure but won't fix homeownership: first-time buyer deals fell up to 31% since 2021 and young buyers are losing ground.
Research ReportsSA house prices rose 8.2% in May, but John Loos sees signs of a slowdown. See which markets are still rising and where momentum is starting to fade.
Asset ManagementFindHomes data on 156,600 live rentals shows almost a quarter of Western Cape listings have cut asking rents, typically by 7.1%, as demand meets affordability.
Asset ManagementPayProp's Q2 2026 Rental Index: national rents rise 5.2% to a record R9,715, the Western Cape surges 9.7% to R12,561, and arrears edge up to 16.9%.
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