Claremont & Newlands's tenant base is anchored by banking back-office, insurance, tech, professional services.

  • Tier: prime.
  • Tenant character: Suburban professional services belt.
  • Average rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.

Claremont & Newlands, Cape Town tenant profile

Claremont & Newlands's tenant base is anchored by banking back-office, insurance, tech, professional services.

TL;DR

  • Tier: prime.
  • Tenant character: Suburban professional services belt.
  • Average rent: R140/sqm/mo · ≈ $8.43 PSF/yr USD.

Who clusters here

Banking back-office, insurance, tech, professional services.

What that means for newcomers

Newcomers to Claremont & Newlands should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityCape Town
submarketClaremont & Newlands
tierprime
averageRentLocalR140/sqm/mo · ≈ $8.43 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What kind of tenants lease in Claremont & Newlands?
Banking back-office, insurance, tech, professional services.

Related

Editorial provenance

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

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