Research and Markets has announced the addition of Business Monitor International's "South Africa Real Estate Report Q4 2011" report to their extensive offering of property market research publications. 

Business Monitor International's South Africa Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on South Africa's Real Estate industry.

According to South Africa-based financial service group Standard Bank, house price growth in South Africa fell to 2.4% y-o-y in July 2011 from 2.9% y-o-y in the previous month, reports Fin24. However, commercial real estate activity has picked up over 2011, with an occupier-friendly marketplace, according to Jones Lang LaSalle. Johannesburg is benefiting from its new Gautrain network and, as new stations open, property prices near to them are rising. 

Developers in South Africa avoided much of the stress caused by the global financial downturn while busily building ahead of the 2010 FIFA World Cup. Despite the decidedly quieter environment, Aveng reported in Reuters that its two-year order book was up by 19% in September 2011, to ZAR37bn and that its ZAR112bn project opportunity pipeline was stable. 

South Africa has a well developed real estate investment trust (REIT) sector which owns a significant amount of the prime office, retail and industrial property in South Africa. Liberty Property Fund (owned by the larger Liberty Holding Company) is a significant owner and developer in the retail and hotel property sectors in South Africa.

The Top five REITS in South Africa are:

• Sycom Property Fund 


• Emira Property Fund 


• Liberty Property Fund 


• Capital Property Fund 


• Fountainhead Property Trust. 

These property funds hold a mix of office, retail and industrial office space in South Africa. Their combined market capitalisation by September 2010 was EUR9,784mn.

Companies Mentioned:

• Aveng 


• ERA Real Estate South Africa 


• Group Five 


• Liberty Properties 


• Murray & Roberts Group 


• Orion Real Estate 


• Pam Golding Properties Group 


• SA Corporate Real Estate Fund 


• Seeff Properties 


• Wilson Bayly Holmes-Ovcon

For more information visit http://www.researchandmarkets.com/research/e760bd/south_africa_real