The purpose of the paper is to examine and analyze the performance of South African Real Estate Investment Trusts (SAREITs) with a view to enhancing investment decision making and ultimately shareholders’ wealth. Unbalanced data (2007 – 2017) of 37 listed SAREITs will be retrieved and analyzed from the I-Net (BFA) McGreggor database using the Abnormal Returns, Cumulative Average Abnormal Return (CAAR); and Buy and Hold Abnormal Returns (BHAR) over a 101-day event window period. This paper intends to add to the international REIT research and literature by exploring new evidence behind performance of REITs following issuance of Secondary Equity Offerings (SEOs). The analysis covers a period of ten (10) years; as such, becomes robust for potential investment decision making