Happy Friday REI Community!
We’re closing out the first week of June with some welcome news: South African motorists are enjoying R2.90 per litre in fuel price relief over the past 12 months. This week’s modest petrol and diesel price cut comes at a good time for households and businesses alike.
Lower fuel costs don’t just help your wallet, they ease inflation, support logistics, and give the real estate market a boost through improved consumer confidence.
Now, let’s dive into the top trends and must-reads in SA property this week.
Market Highlights
Listed Property Shows Signs of Recovery
Investor sentiment is improving, operational pressures are easing, and the smart money is shifting toward fundamentals - asset quality and tenant affordability. Retail and logistics remain strong, while offices still face headwinds. Read the full story >
Cape Town Property Boom: Global Demand Soars
Cape Town is shining on the global stage. With R2.5 billion in sales recorded in just five months, international buyers are back in full force. April alone saw R700 million in foreign investment - mostly across the Atlantic Seaboard and City Bowl. Read the full story >
