Multifamily residential property gains traction as desirable institutional investment asset class.

The South African multifamily residential rental sector is emerging as a formidable asset class for institutional real estate investors

MSCI South Africa, a leading provider of research-driven insights, has unveiled its latest Property Trends, Valuations, and Income & Costs report for the year 2023. 

Multifamily residential rental property is set to become a mainstay of the South African intuitional investment landscape, driven by the consistent performance of this real estate asset class, its low volatility, and its foreseeable returns.

As the country emerges from COVID-19-related lockdowns, the hard lockdown having been in April and May 2020, high frequency data points to quite a lengthy road back to “full” recovery for the economy.

Property investment decisions are big decisions that need a proper landscape to provide direction.

A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.

From 2010, when Nedbank completed its headquarters on the corner of Rivonia Road and Maude Street to become the country’s first Green Building Council South Africa (GBCSA) Green Star-certified building, Sandton Central has remained on the cutting edge of green building practices on the African continent.