Insights into South Africa’s R1 trillion real estate sector
South Africa has the largest real estate sector in sub-Saharan Africa, with sales and rental activity amounting to $50.2 billion (R1 trillion) in 2019.
PayProp South Africa, a leading FinTech payment processing platform, processes R12bn in rent payments in South Africa annually, and $2.7 billion globally. A large contributor to our global business growth is PayProp’s ability to empower our clients with bank-grade safe, secure, regulated and reconciled financial transactions.
As such, we are proud and excited to bring you the results of our fourth annual PayProp State of the Rental Industry Survey results. Enjoy!