Key findings: Report-80-04-02 - Real estate, activities auxiliary to financial intermediation and business services industry , 2016

Income

The total income in the real estate, activities auxiliary to financial intermediation and business services industry in 2016 was R1 189,2 billion. The largest contributor to total income in 2016 was 'real estate activities' (R259,5 billion or 21,8%), followed by 'other business activities' (R211,9 billion or 17,8%), 'computer and related activities' (R123,0 billion or 10,3%) and 'activities auxiliary to financial intermediation' (R112,1 billion or 9,4%). The total income represents an increase of 9,0% per annum over the income reported in the corresponding survey of 2010 (R709,4 billion). Comparing 2010 and 2016, large increases were reported for 'real estate activities' (+R129,5 billion) and 'activities auxiliary to financial intermediation (+R59,5 billion).

Between 2010 and 2016, 'real estate activities' gained the biggest percentage share of income (+3,5 percentage points) (from a percentage contribution of 18,3% in 2010 to 21,8% in 2016). 'Other business activities' lost the biggest percentage share (-5,6 percentage points) over the same period (from 23,4% in 2010 to 17,8% in 2016).

Employment

The total number of persons employed in the real estate, activities auxiliary to financial intermediation and business services industry at the end of June 2016 was 1 682 343. 'Other business activities' employed the largest number of persons (370 078 or 22,0%), followed by 'investigation and security activities' (239 275 or 14,2%), 'labour recruitment and provision of personnel' (222 496 or 13,2%) and 'building and industrial plant cleaning activities' (176 277 or 10,5%).

The highest growth in employment since 2010 was in 'activities auxiliary to financial intermediation' (+42 425), followed by 'real estate activities' (+41 517) and 'business and management consultancy activities' (+39 207). The biggest loss in employment between 2010 and 2016 was in 'labour recruitment and provision of personnel' (-42 982).

Capital expenditure on new assets

The total capital expenditure in the real estate, activities auxiliary to financial intermediation and business services industry in 2016 was R94,2 billion. This represents an increase of 9,9% per annum over the expenditure reported in the corresponding survey of 2010 (R53,4 billion). The largest contributor to total capital expenditure was 'real estate activities' (R60,8 billion or 64,5%), followed by 'renting of machinery and equipment, without operator, and of personal and household goods' (R11,8 billion or 12,5%).

Comparing 2010 and 2016, the largest increase was reported for 'real estate activities' (+R35,9 billion). The largest decrease was reported for 'other business activities' (-R4,2 billion).