Johannesburg Class A is currently flat with 16.2% headline vacancy — trophy is structurally tighter than the broader market suggests.
Johannesburg Class A is currently flat with 16.2% headline vacancy — trophy is structurally tighter than the broader market suggests.
Johannesburg's broad Class A index reads 16.2% vacancy and trends flat. That headline masks a real bifurcation — trophy product (Sandton) is structurally tight; older Class A and Class B carry the long tail. Cycle decisions should be made at the submarket and tier level, not at the headline.
For occupiers up at renewal: a softening market favours staying or relocating to better-quality stock at attractive terms. A tightening market favours early renewal and locking in expansion options.
| city | Johannesburg |
|---|---|
| country | South Africa |
| region | EMEA |
| classARentLocal | 220 ZAR/sqft/yr |
| classARentUsd | $12/sqft/yr |
| vacancy | 16.2% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 9.4% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.