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Follow on Google News | Rode Report expands coverage to include multifamily rental housingBy: SAMRRA For decades, the Rode Report has been the cornerstone of market intelligence in the South African property market, offering in-depth analysis of trends across the commercial, industrial, and residential sectors. Compiled by Rode's property economics team, the report draws on extensive opinion-based surveys of market rents, vacancies, and capitalisation rates across metropolitan and secondary cities, alongside various reputable independent data sources. Until now, multifamily housing – large-scale, professionally managed apartment buildings and rental estates built for rental purposes – were not separately tracked in the report. That will change from this quarter, with the inclusion of dedicated data and analysis on this growing sector. By incorporating multifamily (rental) data alongside its traditional coverage of office, industrial, and residential markets, the report will now provide a more comprehensive view of the South African property landscape in a single source. This will support the sector's robust performance, which has been driven by increasing interest and substantial institutional investment. Established in 2024, SAMRRA serves as an industry body that has considerably advanced transparency within the sector. Historically, the institutional rental housing market has lacked reliable data, which has hindered its visibility. Today, however, data supplied by SAMRRA members is improving investment decision-making and boosting confidence in the sector. Rode Publications views the addition as a natural progression. "We are dedicated to continuously enhancing the quality and depth of the market intelligence we provide. As multifamily rental housing gains recognition as an asset class in South Africa, it is both timely and suitable that the Rode Report reflects this developing trend," says Kobus Lamprecht, Rode Publications & Media's Chief Economist and editor of the Rode Report. "SAMRRA's research to date reinforces the fundamental strengths and investment case behind professionally managed rental housing, while increased data transparency continues to strengthen the sector's relevance in South Africa. We are pleased to enhance this transparency and share valuable metrics from our expanding base of institutional landlord members through the esteemed Rode Report," says Palesa Mkhize, CEO of SAMRRA. Previous SAMRRA research shows purpose-built rental housing in South Africa has proven resilient, with large portfolios consistently achieving high occupancy rates of over 95%, rent collection rates surpassing 98%, and tenant arrears staying below 1%. These figures match or outperform many commercial property sectors, with multifamily rental housing earning a reputation for stable, lower-risk returns. End
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