MSCI South Africa
Annual Real Estate
Index Results 2026

MSCI South Africa Annual Real Estate Index Results 2026

MSCI Real Estate is a global leader in real estate investment tools, providing critical market intelligence to institutional investors, property owners, managers and brokers worldwide. Absa Real Estate is proud to continue its association with MSCI as we unpack the June 2026 South Africa Real Estate Index bi-annual results and assess the trends shaping direct real estate performance across the market.

The June 2026 results point to a continued, broad-based recovery in South African direct real estate, delivering a strong 12.5% annual total return as improving fundamentals and stronger capital growth supported performance. Vacancy rates declined to multi-year lows, rental growth accelerated and transaction activity strengthened, signaling renewed occupier and investor confidence. Industrial remained the strongest-performing sector, while retail delivered solid results and offices continued their recovery, reinforcing a constructive outlook for the market heading into 2027.

Meet the speakers

The live webinar presentation held on 14 October 2026 featured expert panellists who shared their insights, discussed the results, and provided their perspectives on the future of commercial property investment.

Keillen-Ndlovu

Keillen Ndlovu

Independent Property Analyst

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Somaya Joshua

Managing Executive, Real Estate, Absa CIB

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Eileen Andrew

Vice President, MSCI Real Estate

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Andrew König

Chief Executive Officer, Redefine Properties

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Mahir Hamdulay

Head, Financials and Property Equity Research, Absa CIB

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