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Real Estate Activities in South Africa 2023

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    Report

  • 593 Pages
  • August 2023
  • Region: South Africa
  • Who Owns Whom
  • ID: 5359112

Real Estate Activities in South Africa

Property price growth has remained steady, including throughout the pandemic. Some subsectors, such as commercial properties, were significantly affected by the pandemic and listed property shares fell by more than 45% in 2020 before recovering. The commercial property sector has experienced growing rental vacancies and a decrease in property valuations. Property owners’ operating costs are growing and service delivery of local municipalities continues to deteriorate. Many commentators fear that the Expropriation Bill will lower investor confidence. Investment in the alternative property market (co-working offices, data centres, retirement homes, self-storage, student housing and cold storage) and hospitality sector (hotels, restaurants, entertainment facilities) has increased, mainly at the expense of the industrial and commercial sectors.

Key Trends

Buyers are increasingly beginning their purchase search online and this is expected to continue and include drone footage, 3D tours and virtual property tours. Millennials are expected to dominate the buyer’s market, resulting in a rising demand for entry-level homes. The luxury market is buoyant, and there is Increased demand for international property. The energy crisis is resulting in investment in solar, wind and gas. Relocation to coastal areas and rural and remote towns is set to continue, and many areas are experiencing stock shortages and record sales. Work-from-home, hybrid working and safer living trends continue to be major driving forces in property-buying decisions, and there is continued conversion of commercial space to residential.

Report Coverage

This report focuses on the real estate industry which comprises commercial, industrial and residential properties, as well as property development, property valuation and bond origination. It includes comprehensive information on values, purchase prices and transfers and rental and vacancy trends, developments and corporate actions of JSE-listed companies, developers and estate agents. There are profiles of 123 companies including commercial property companies such as Growthpoint, Hyprop, Redefine and Vukile, developers such as Keystone, WBHO and Renprop, leisure resort and hotel developers including Southern Sun and Sun International and residential real estate companies such as Seeff, Rawson and Pam Golding as well as several valuation and bond origination companies.

Table of Contents

1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Corporate Actions and Developments
3.6. Regulations
3.7. Enterprise Development and Social Development
4. AFRICA5. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. Unforeseen Events
6.2. Economic Environment
6.3. Labour
6.4. Safety and security
6.5. Road Conditions and Infrastructure
6.6. Cyclicality
6.7. Environmental Issues and Social Concerns
6.8. Technology, Research and Development and Innovation
6.9. Government Support and Initiatives
6.10. Land Expropriation
6.11. Input Costs
6.12. Construction Costs and Activity
7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry
8. SWOT ANALYSIS9. OUTLOOK10. INDUSTRY ASSOCIATIONS
11. REFERENCES
11.1. Publications
11.2. Websites
APPENDICES - Summary of Notable Players
  • Appendix 1 - Commercial Property Investment and Management Companies
  • Appendix 2 - Property Developers
  • Appendix 3 - Sustainable Human Settlement (Previously RPD Housing)
  • Appendix 4 - Development of Leisure Resorts and Hotels
  • Appendix 5 - Industrial Development Zones
  • Appendix 6 - Residential Real Estate
  • Appendix 7 - Property Valuations
  • Appendix 8 - Bond Origination
  • Appendix 9 - Commercial Property Investment and Management Companies in Medical Real Estate
COMPANY PROFILES
  • Commercial Property Investment and Management Companies
  • Accelerate Property Fund Ltd
  • Acsion Ltd
  • AFHCO Holdings (Pty) Ltd
  • Atterbury Management Company (Pty) Ltd
  • Beare Properties (Pty) Ltd
  • Broll Property Group (Pty) Ltd
  • City Lodge Hotels Ltd
  • Delta Property Fund Ltd
  • Dipula Income Fund Ltd
  • Emira Property Fund Ltd
  • Equites Property Fund Ltd
  • Eris Property Group (Pty) Ltd
  • Excellerate Real Estate Services (Pty) Ltd
  • Exemplar REITail Ltd
  • Fairvest Ltd
  • Fieldspace Property Managers (Pty) Ltd
  • Fortress Real Estate Investments Ltd
  • Free State Development Corporation
  • Growthpoint Properties Ltd
  • Hammerson PLC
  • Heriot REIT Ltd
  • Hermans and Roman Property Solutions (Pty) Ltd
  • Hyprop Investments Ltd
  • Industrials REIT Ltd
  • Inframax Holdings (Pty) Ltd
  • Ingenuity Property Investments (Pty) Ltd
  • Investec Property Fund Ltd
  • JHI Retail (Pty) Ltd
  • Legacy Hotels and Resorts (Pty) Ltd
  • Liberty Holdings Ltd
  • Maxprop Holdings (Pty) Ltd
  • Montagu Homes (Pty) Ltd
  • Oasis Crescent Property Fund
  • Oasis Crescent Property Fund Managers Ltd
  • Octodec Investments Ltd
  • Old Mutual Ltd
  • Orion Real Estate Ltd
  • Pareto Ltd
  • Passenger Rail Agency of South Africa
  • Public Investment Corporation SOC Ltd
  • Putprop Ltd
  • Rebosis Property Fund Ltd
  • Redefine Properties Ltd
  • Renprop (Pty) Ltd
  • Resilient REIT Ltd
  • RMG Management Group SA (Pty) Ltd
  • SA Corporate Real Estate Ltd
  • Sable Holdings (Pty) Ltd
  • Sanlam Ltd
  • Sargas (Pty) Ltd
  • Sirius Real Estate Ltd
  • Stor Age Property REIT Ltd
  • Strategic Real Estate Managers (Pty) Ltd
  • Texton Property Fund Ltd
  • Tourvest Holdings (Pty) Ltd
  • Tower Property Fund (Pty) Ltd
  • Tradehold Ltd
  • Trafalgar Property Management (Pty) Ltd
  • Visual International Holdings Ltd
  • Vukile Property Fund Ltd
  • Zenprop Property Holdings (Pty) Ltd
  • COMPANY PROFILES - Property Developers
  • Abland Investment Holdings (Pty) Ltd
  • Acsion Ltd
  • AFHCO Holdings (Pty) Ltd
  • Atterbury Management Company (Pty) Ltd
  • Eris Property Group (Pty) Ltd
  • Free State Development Corporation
  • Group Five Ltd
  • Growthpoint Properties Ltd
  • Ingenuity Property Investments (Pty) Ltd
  • Investec Property (Pty) Ltd
  • Keystone Investments (Pty) Ltd
  • Montagu Homes (Pty) Ltd
  • Rabie Property Group (Pty) Ltd
  • Renprop (Pty) Ltd
  • RPP Developments (Pty) Ltd
  • Summercon Holdco (Pty) Ltd
  • Swish Property Group (Pty) Ltd
  • TCI Properties (Pty) Ltd
  • Tongaat Hulett Developments (Pty) Ltd
  • Visual International Holdings Ltd
  • WBHO Construction (Pty) Ltd
  • Westbrook Residential Development (Pty) Ltd
  • Zenprop Property Holdings (Pty) Ltd
  • Zotos Brothers (Pty) Ltd
  • COMPANY PROFILES - Sustainable Human Settlement (Previously RPD Housing)
  • Calgro M3 Holdings Ltd
  • Inframax Holdings (Pty) Ltd
  • Nu-Way Housing Developments (Pty) Ltd
  • Power Development Projects (Pty) Ltd
  • Trustgro Developments (Pty) Ltd
  • COMPANY PROFILES - Development of Leisure Resorts and Hotels
  • City Lodge Hotels Ltd
  • Kat Leisure (Pty) Ltd
  • Legacy Hotels and Resorts (Pty) Ltd
  • Peermont Global (Pty) Ltd
  • Southern Sun Ltd
  • Sun International Ltd
  • COMPANY PROFILES - Industrial Development Zones
  • Atlantis Special Economic Zone Company SOC Ltd
  • Coega Development Corporation (Pty) Ltd
  • East London Industrial Development Zone SOC Ltd
  • Richards Bay Industrial Development Zone Company SOC Ltd
  • COMPANY PROFILES - Residential Real Estate
  • AIDA National Franchises (Pty) Ltd
  • Electronic Realty Associates (South Africa) (Pty) Ltd
  • Everybody Wins Real Estate Franchising (Pty) Ltd
  • First Realty Central (Pty) Ltd
  • Firzt Realty (Pty) Ltd
  • Geffen International Realty Franchises (Pty) Ltd
  • Jawitz Properties (Pty) Ltd
  • Just Property Group Holding (Pty) Ltd (The)
  • Leapfrog Property Group (Pty) Ltd
  • My Africa Properties (Pty) Ltd
  • Pam Golding Properties (Pty) Ltd
  • Property Referral Network (Pty) Ltd
  • Rawson Residential Franchises (Pty) Ltd
  • Realty One International Property Group (Pty) Ltd
  • Seeff Property Services (Pty) Ltd
  • Wakefields Real Estate (Pty) Ltd
  • COMPANY PROFILES - Property Valuations
  • Appraisal Corporation CC
  • Broll Valuation and Advisory Services (Pty) Ltd
  • Cape Value (Pty) Ltd
  • Corporate Valuations CC
  • DDP Valuers (Pty) Ltd
  • Eris Property Group (Pty) Ltd
  • Magnus Penny Associates CC
  • Mills Fitchet (East Coast) CC
  • Mills Fitchet (Gauteng) CC
  • Mills Fitchet (KZN) CC
  • Mills Fitchet (Natal) (Pty) Ltd
  • Mills Fitchet (PWV) (Pty) Ltd
  • Mills Fitchet Africa (Pty) Ltd
  • Mills Fitchet Valuations (Pty) Ltd
  • Rode and Associates (Pty) Ltd
  • S A Appraisers and Valuers CC
  • Spectrum Valuations and Asset Solutions (Pty) Ltd
  • COMPANY PROFILES - Bond Origination
  • BetterHome Group Ltd
  • Intelligent Debt Management (Pty) Ltd
  • MultiNET Home Loans (Pty) Ltd
  • Ooba (Pty) Ltd
  • COMPANY PROFILES -Medical Real Estate
  • Benchmark Group (Pty) Ltd
  • Gap Infrastructure Corporation (Pty) Ltd
  • Giflo Holdings (Pty) Ltd
  • Growthpoint Healthcare Property Holdings (RF) Ltd
  • Life Healthcare Group Holdings Ltd
  • Netcare Ltd
  • Orbvest SA (Pty) Ltd
  • Mediclinic Group Ltd

Companies Mentioned

  • 32 East Centre Delaware LLC
  • Abland Investment Holdings (Pty) Ltd
  • Accelerate Property Fund Europe B.V.
  • Accelerate Property Fund Ltd
  • Acsion Ltd
  • AFHCO Holdings (Pty) Ltd
  • Afrisaf Investment Holdings (Pty) Ltd
  • AIDA National Franchises (Pty) Ltd
  • Amber Support Solutions Ltd
  • Appraisal Corporation CC
  • APRetail I EOOD
  • AREG Hexagon Co-Invest Vehicle II L.P
  • Argent Industrial UK Ltd
  • ASK Partners Holdco Ltd
  • Atlantis Special Economic Zone Company SOC Ltd
  • Atterbury Management Company (Pty) Ltd
  • Axel Finance Company Ltd
  • Axis Cleaning and Support Services Ltd
  • Axis Group Integrated Services Ltd
  • Axis Security Services Ltd
  • B.I.C. Services Pty Ltd
  • Balkan Retail B.V.
  • Balwin Green Living (Pty) Ltd
  • Balwin Lifestyle Propco (Pty) Ltd
  • Balwin Technik (Pty) Ltd
  • Basinghall Properties Ltd
  • Beare Properties (Pty) Ltd
  • Belden Park Delaware LLC
  • Benchmark Group (Pty) Ltd
  • BEP Developments (Pty) Ltd
  • BetterHome Group Ltd
  • Bidvest Group (UK) PLC (The)
  • Bidvest Group Australia Pty Ltd (The)
  • Bidvest Noonan (ROI) Ltd
  • Bidvest Noonan (UK) Ltd
  • Bidvest Services (ROI) Ltd
  • Bidvest Services (UK) Ltd
  • Bidvest Services Group (UK) Ltd
  • Blaauwberg Insurance Company Ltd
  • BM 521 RIE GmbH
  • BM 547 WEL GmbH
  • BM 549 SAL M GmbH
  • BM 620 LIN D GmbH
  • BM 778 SAL L GmbH
  • BM 791 ZWE GmbH
  • BPG Rwanda Ltd
  • BPG Swaziland (Pty) Ltd
  • Broll (Zambia) Ltd
  • Broll Botswana (Pty) Ltd
  • Broll Cameroon SARL
  • Broll Cote d’Ivoire SARL
  • Broll Ghana Ltd
  • Broll Indian Ocean Ltd
  • Broll Kenya Ltd
  • Broll Ltd
  • Broll Mozambique Ltda
  • Broll Property Group (Mauritius) Ltd
  • Broll Property Group (Pty) Ltd
  • Broll Property Services Ltd
  • Broll Tanzania Ltd
  • Broll Uganda Ltd
  • Broll Valuation and Advisory Services (Pty) Ltd
  • Broll Valuations Kenya Ltd
  • Byrne Bros (Formwork) Ltd
  • Byrne Group Ltd
  • Byrne Plant Ltd
  • C-Re Holding Ltd
  • Calgro Kuumba Planning and Design (Pty) Ltd
  • Calgro M3 Holdings Ltd
  • Cape Value (Pty) Ltd
  • Capespan North America LLC
  • Caro Investment Holdings Ltd
  • Castellana Parque Alcorcon S.L.
  • Castellana Properties SOCIMI SA
  • Castleview Asset Managers (Pty) Ltd
  • Centre Asset Management LLC
  • Centuria 368 (Pty) Ltd
  • Chorus Group Holdings Ltd
  • Chorus Group Ltd
  • CIL 2 REIT LLC
  • CIL2 LLC
  • CIL2 REIT TRS LLC
  • City Lodge Hotels Ltd
  • CLM Safety Ltd
  • Coega Development Corporation (Pty) Ltd
  • Collins AUS Holdings GmbH
  • Collins AUS Investments GmbH
  • Collins Property Group Ltd
  • Cordant Cleaning Ltd
  • Cordant Security Ltd
  • Cordant Thistle Ltd
  • Corporate Valuations CC
  • Coventurist (Pty) Ltd
  • Crane Midco (Guernsey) Ltd
  • Crane Midco Ltd
  • CRe African Investments Ltd
  • Dartry Laundry Ltd
  • DDP Valuers (Pty) Ltd
  • Delta MCG Podgorica doo
  • Delta Property Fund Ltd
  • Dipula Income Fund Ltd
  • Direct365Online Ltd
  • Dulux Selebi-Phikwe (Pty) Ltd
  • East London Industrial Development Zone SOC Ltd
  • Electron Avenue Properties (Pty) Ltd
  • Electronic Realty Associates (South Africa) (Pty) Ltd
  • Element Distribution Center Faza Doi S.R.L.
  • Element Distribution Center S.R.L.
  • Emira Property Fund Ltd
  • EPP Community Properties JV B.V.
  • Epsilon Test Services Ltd
  • Equites Property Fund Ltd
  • Eris Properties Eswatini (Pty) Ltd
  • Eris Properties Ghana Ltd
  • Eris Properties Mozambique Ltda
  • Eris Properties Zambia (Pty) Ltd
  • Eris Property Group (Pty) Ltd
  • European Logistics Investment B.V.
  • Everybody Wins Real Estate Franchising (Pty) Ltd
  • Excellerate Real Estate Services (Pty) Ltd
  • Exemplar REITail Ltd
  • Fairvest Ltd
  • Farmwise Marketing (Pty) Ltd
  • Farmwise Properties (Pty) Ltd
  • FB Ellmer Ltd
  • Fetch Analytics (UK) Ltd
  • Fetch Holdings CY Ltd
  • Fieldspace Property Managers (Pty) Ltd
  • Fireblade Automotive Ltd
  • First Realty Central (Pty) Ltd
  • Firzt Realty (Pty) Ltd
  • Fluid Transfer Group Ltd
  • FortREIT B.V.
  • Fortress Europe Sp. Z o.o.
  • Fortress Logistics Park Bydgoszcz Sp. Z o.o.
  • Fortress Logistics Park Stargard Sp. Z o.o.
  • Fortress Real Estate Investments Ltd
  • Free State Development Corporation
  • Fuel Proof Ltd
  • Fuengirola Sp. Z o.o.
  • Future Carpet Cleaning Services Ltd
  • Future Cleaning (Southwest) Ltd
  • Future Cleaning Services Ltd
  • Ganix Investment Holdings Ltd
  • Gap Infrastructure Corporation (Pty) Ltd
  • Geffen International Realty Franchises (Pty) Ltd
  • Genbridge UK Ltd
  • GenExperience (Pty) Ltd
  • Gestao de Terminais SA
  • Giflo Holdings (Pty) Ltd
  • Glomor Three (Pty) Ltd
  • Goodview Ltd
  • Group Five Ltd
  • Growthpoint Healthcare Property Holdings (RF) Ltd
  • Growthpoint Properties Ltd
  • Growthpoint Properties UK HoldCo 1 Ltd
  • Growthpoint Properties UK HoldCo 10 Ltd
  • Growthpoint Properties UK HoldCo 2 Ltd
  • Growthpoint Properties UK HoldCo 3 Ltd
  • Growthpoint Properties UK HoldCo 4 Ltd
  • Growthpoint Properties UK HoldCo 5 Ltd
  • Growthpoint Properties UK HoldCo 6 Ltd
  • Growthpoint Properties UK HoldCo 7 Ltd
  • Growthpoint Properties UK HoldCo 8 Ltd
  • Growthpoint Properties UK HoldCo 9 Ltd
  • GTC Flex EAD
  • Hammerson PLC
  • Heartwood Ventures UK Ltd
  • Hentiq 2009 (Pty) Ltd
  • Hentiq 2010 (Pty) Ltd
  • Heriot REIT Ltd
  • Hermans and Roman Property Solutions (Pty) Ltd
  • Hexagon Holdco 2 Sarl
  • Hexagon Holdco Sarl
  • Hygiene Matters Ltd
  • Hyprop Investments Ltd
  • Hyprop UK Ltd
  • Hystead Ltd
  • I Group Financial Holdings (Pty) Ltd
  • I Res Fund (Pty) Ltd
  • IG EMI Holdings (Pty) Ltd
  • Indluplace Property Services (Pty) Ltd
  • Industrials REIT Ltd
  • Inframax Holdings (Pty) Ltd
  • Ingenuity Property Investments (Pty) Ltd
  • Intelligent Debt Management (Pty) Ltd
  • Interurban Willowbridge (RF) (Pty) Ltd
  • Investec Property (Pty) Ltd
  • Investec Property Fund Ltd
  • Investec Property Fund Luxembourg Sarl
  • IPF Lux 2 Sarl
  • Irongate Group Hold Trust
  • Jawitz Properties (Pty) Ltd
  • JHI Retail (Pty) Ltd
  • Journal SAF Holding Trust
  • Journal Student Accommodation Fund
  • Journal Swantson Sub Trust
  • Junction Parque Alameda SLU
  • Junction Parque Caceres SLU
  • Junction Parque Castellon SLU
  • Junction Parque Granada SLU
  • Junction Parque Habaneras SLU
  • Junction Parque Huelva SLU
  • Junction Parque Merida SLU
  • Junction Parque Motril SLU
  • Junction Parque Principado SLU
  • Junction Parque Villanueva 1 SLU
  • Junction Parque Villanueva Fase 2 SLU
  • Just Property Group Holding (Pty) Ltd (The)
  • K2019141346 (South Africa) (Pty) Ltd
  • Karmarton Ltd
  • Kat Leisure (Pty) Ltd
  • Keystone Investments (Pty) Ltd
  • KH HoldCo B.V.
  • KH Retail B.V.
  • Kiklo Cars Ltd
  • Kiklo Cars USA LLC
  • Kiklo Spaces Ltd
  • Kimberley Veemark (Pty) Ltd
  • L. Lynch (H20) Solutions Ltd
  • L.Lynch Interact Ltd
  • Lar Espana Real Estate SOCIMI S.A.
  • Leapfrog Property Group (Pty) Ltd
  • Legacy Hotels and Resorts (Pty) Ltd
  • Leopard ASK Intermediate Investco Ltd
  • Liberty General Insurance Uganda Ltd
  • Liberty Holdings Ltd
  • Liberty Life Tanzania Ltd
  • Life Healthcare Group Holdings Ltd
  • Lihoai Consultancy (Pty) Ltd
  • Lions Head Investments E.A.D
  • Lions Head Romania Holdco EOOD
  • Logistics Platform B.V.
  • LPM Acquisitions Ltd
  • Magnus Penny Associates CC
  • Maitlantic Investments (Pty) Ltd
  • Malabar Investment Holdings Ltd
  • Mamelodi Mall Share Block (Pty) Ltd
  • Manta d.o.o.
  • MAREF Mon Tresor Investments 2 Ltd
  • Maxprop Holdings (Pty) Ltd
  • Mayflower Hygiene Supplies (Ireland) Ltd
  • Mayflower Hygiene Supplies (London) Ltd
  • Mediclinic Group Ltd
  • Menlyn Villas Properties (Pty) Ltd
  • Mfuko Sp. Z o.o.
  • Mills Fitchet (East Coast) CC
  • Mills Fitchet (Gauteng) CC
  • Mills Fitchet (KZN) CC
  • Mills Fitchet (Natal) (Pty) Ltd
  • Mills Fitchet (PWV) (Pty) Ltd
  • Mills Fitchet Africa (Pty) Ltd
  • Mills Fitchet Valuations (Pty) Ltd
  • Modjadji Plaza (Pty) Ltd
  • Montagu Homes (Pty) Ltd
  • Morzal Property Iberia SL
  • MultiNET Home Loans (Pty) Ltd
  • My Africa Properties (Pty) Ltd
  • Netcare Ltd
  • Nguni Property Developments (Pty) Ltd
  • Nguni Property Fund Ltd
  • Noonan Services Group (NI) Ltd
  • Noonan Topco Ltd
  • Nu-Way Housing Developments (Pty) Ltd
  • O'Keefe Demolition (Byrne Group) Ltd
  • Oasis Crescent Property Fund
  • Oasis Crescent Property Fund (Pty) Ltd
  • Oasis Crescent Property Fund Managers Ltd
  • Octodec Investments Ltd
  • Old Mutual (Malawi) Ltd
  • Old Mutual Ltd
  • Old Mutual Pension Services Company Ltd
  • Old Mutual Unit Trust Company (Malawi) Ltd
  • Ooba (Pty) Ltd
  • Oops Global SA
  • Orapa FRD JV
  • Orbvest SA (Pty) Ltd
  • Orion Real Estate Ltd
  • Ornelia Ltd
  • P137 Ltd
  • P43 Ltd
  • Pam Golding Properties (Pty) Ltd
  • Pareto Ltd
  • Passenger Rail Agency of South Africa
  • Peermont Global (Pty) Ltd
  • Pendle Russells Ltd
  • Personnel Hygiene Services Ltd
  • PHS Bidco Ltd
  • PHS Compliance Ltd
  • PHS Group Ltd
  • PHS Holdings Ltd
  • PHS Investments Ltd
  • phs Serkonten SAU
  • PHS Services Ltd
  • PHS Washrooms Ltd
  • PHS Western Ltd
  • Pikes Peak Properties Ltd
  • Pioneer Property Zone Pvt Ltd
  • Portland Trust Developments Three s.r.l
  • Power Development Projects (Pty) Ltd
  • Probo (Pty) Ltd
  • Project 2 Holdings Ltd
  • Property Referral Network (Pty) Ltd
  • Public Investment Corporation SOC Ltd
  • Putprop Ltd
  • Quanta Homes 2 Ltd
  • Quanta Homes 3 Ltd
  • Rabie Property Group (Pty) Ltd
  • Rainier Dawsons Market Place LLC
  • Rainier Moore Plaza LLC
  • Rainier Newport Pavillion LLC
  • Rainier SA Crossing LLC
  • Rainier Stony Creek LLC
  • Rainier Summit Woods Crossing LLC
  • Rainier Trumans Marketplace LLC
  • Rainier UTC LLC
  • Rainier Wheatland Investors LLC
  • Rainier Woodlands Square LLC
  • Randolph Spain SLU
  • Ranier 32 East LLC
  • Ranier Belden Park LLC
  • Ranier CIL2 Stony Creek LLC
  • Rawson Residential Franchises (Pty) Ltd
  • Realty One International Property Group (Pty) Ltd
  • Rebosis Property Fund Ltd
  • Redefine Europe B.V.
  • Redefine Properties Ltd
  • Reivilo Veemark (Pty) Ltd
  • Renishaw Hills Developments (Pty) Ltd
  • Renprop (Pty) Ltd
  • Resi Development (Pty) Ltd
  • Resilient 7 (Pty) Ltd
  • Resilient REIT Ltd
  • Resource Support Services (IOM) Ltd
  • Richards Bay Industrial Development Zone Company SOC Ltd
  • Riverbank House Unit Trust
  • Riverbank Unit Co 1 Ltd
  • Riverbank Unit Co 2 Ltd
  • RMG Management Group SA (Pty) Ltd
  • Rode and Associates (Pty) Ltd
  • Roll-Tec Safety Ltd
  • Roxbury Spain SLU
  • RPGZ XIX Sp. Z o.o.
  • RPP Developments (Pty) Ltd
  • Russells Ltd
  • S A Appraisers and Valuers CC
  • SA Corporate Real Estate Ltd
  • Sable Holdings (Pty) Ltd
  • Sanlam Ltd
  • Sargas (Pty) Ltd
  • SCM Retail DOOEL
  • Seebeck 133 Ltd
  • Seeff Property Services (Pty) Ltd
  • Sirius Pear B.V.
  • Sirius Real Estate Ltd
  • Sirius Renewable Energy GmbH
  • SK Heathrow Ltd
  • SK JV 2 Ltd
  • SK West

Methodology

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