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Pretoria, South Africa

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Finlay
Last Updated: 2-Feb-2006
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Market Research

* Click on each category for a detailed definition.
NET RENT/M2/MONTH NET RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
City Centre
New Construction (AAA) N/A N/A N/A N/A N/A N/A N/A N/A
Class A (Prime) ZAR 45.00 ZAR 60.00 N/A $ 7.97 $ 10.63 N/A .9% N/A
Class A (Secondary) ZAR 25.00 ZAR 40.00 N/A $ 4.43 $ 7.09 N/A 6.0% N/A
 
Suburban Office
New Construction (AAA) ZAR 90.00 ZAR 110.00 N/A $ 15.95 $ 19.49 N/A 1.0% N/A
Class A (Prime) ZAR 55.00 ZAR 75.00 N/A $ 9.75 $ 13.29 N/A 2.0% N/A
Class A (Secondary) ZAR 22.00 ZAR 40.00 N/A $ 3.90 $ 7.09 N/A 2.6% N/A
 
Industrial
Bulk Warehouse ZAR 10.00 ZAR 33.00 N/A $ 1.77 $ 5.85 N/A 13.0% N/A
Manufacturing ZAR 11.00 ZAR 35.00 N/A $ 1.95 $ 6.20 N/A 8.0% N/A
High Tech / R&D ZAR 17.00 ZAR 40.00 N/A $ 3.01 $ 7.09 N/A 4.0% N/A
 
Retail
City Centre ZAR 25.00 ZAR 90.00 N/A $ 4.43 $ 15.95 N/A N/A N/A
Retail Units in Parks N/A N/A N/A N/A N/A N/A N/A N/A
Community Power Centre (Big Box) ZAR 55.00 ZAR 275.00 N/A $ 9.75 $ 48.73 N/A N/A N/A
Regional Malls ZAR 90.00 ZAR 400.00 N/A $ 15.95 $ 70.87 N/A N/A N/A
Solus Food Stores N/A N/A N/A N/A N/A N/A N/A N/A

Development Land Low/Hectare High/Hectare Low/Acre High/Acre
Office in CBD (per buildable M2/SF) ZAR 500.00 ZAR 2,000.00 $ 8.00 $ 30.00
Land in Office Parks ZAR 5,000,000.00 ZAR 15,000,000.00 $ 321,729.00 $ 965,188.00
Land in Industrial Parks ZAR 2,000,000.00 ZAR 4,000,000.00 $ 128,692.00 $ 257,383.00
Office/Industrial Land - Non-park ZAR 4,000,000.00 ZAR 7,500,000.00 $ 257,383.00 $ 482,594.00
Retail/Commercial Land ZAR 6,000,000.00 ZAR 10,000,000.00 $ 386,075.00 $ 643,458.00
Residential ZAR 10,000,000.00 ZAR 50,000,000.00 $ 643,458.00 $ 3,217,292.00

Conversion 6.2919ZAR = 1 US$


 

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