Cape Town Industrial Property Market Outlook 2016

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Cape Town Industrial Property Market Outlook Sept 2016

  • The current state of the Cape Town industrial property market suggests local business confidence has improved somewhat, evident in a significant decrease in vacancies in the industrial nodes of Montague Gardens, Killarney Gardens, Epping, Maitland and Ndabeni in particular.
  • Supply of industrial property in Cape Town of over 1000m2 continues to enjoy steady demand which is a driving factor motivating new developments.
  • An estimated six new developments will be completed simultaneously during 2017which will have a significant influence on supply.
  • In line with commercial property trends, the demand for larger, more efficient and sustainable new builds associated with new developments have further increased.

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Author: Cape Town Industrial property Market Outlook - Sept 2106

Submitted 22 Nov 16 / Views 1629