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Cape Town received R12.8bn in property investment
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Sunday World
Cape Town central business received a surge in investment as the central business district has attracted R12.8-billion in new property investment.
The State of Cape Town Central City Report 2025 – A Year in Review found that the value developments in the pipeline increased by 41% from R9-billion in the previous year.
Rob Kane, chairperson of the Cape Town Central City Improvement District board and chief executive of Boxwood Property Fund, said the scale of development reflected growing confidence in the city’s future.
Surge in residential property pricesHowever, residential property prices continued to climb, with the median price of sectional title units increasing 5.4% to R1.95 million, extending a 53.5% rise since 2020.
Although office vacancies in the Cape Town CBD edged up to 11.9% in the second quarter of 2026 from 10% at the end of 2025, the wider Cape Town metropolitan area maintained South Africa’s lowest office vacancy rate at 6.2%.