CBD & Foreshore is a trophy-tier Cape Town submarket with average asking rent around R220/sqm/mo · ≈ $13.2 PSF/yr USD.

• Average asking rent: R220/sqm/mo · ≈ $13.2 PSF/yr USD.
• Tier: trophy.
• Citywide Class A rent context: R180/sqm/mo · ≈ $10.8 PSF/yr USD ($11 USD).
• Citywide vacancy: 12.4% — submarket-level availability is typically tighter at trophy tier.

TL;DR

• Average asking rent: R220/sqm/mo · ≈ $13.2 PSF/yr USD.
• Tier: trophy.
• Citywide Class A rent context: R180/sqm/mo · ≈ $10.8 PSF/yr USD ($11 USD).
• Citywide vacancy: 12.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

CBD & Foreshore averages around R220/sqm/mo · ≈ $13.2 PSF/yr USD for Class A, against a citywide Class A index of 180. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Cape Town's trophy financial core. Banking, professional services, tech, multinational HQs.

Key facts

Frequently asked questions

What is the average Class A rent in CBD & Foreshore, Cape Town?

Around R220/sqm/mo · ≈ $13.2 PSF/yr USD. The citywide Class A index sits at R180/sqm/mo · ≈ $10.8 PSF/yr USD.

Related

• CBD & Foreshore — submarket overview
• Cape Town — full city profile
• Cape Town submarkets — all
• CBD & Foreshore — Tenants
• CBD & Foreshore — Transit
• CBD & Foreshore — Amenity
• CBD & Foreshore — Buildings

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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