Latest Cape Town Industrial Report

Category News

Our previous Industrial Market Outlook from 2017 highlighted uncertainty across all market sectors, with most industry stakeholders approaching real estate options conservatively  – evident in major tenants delaying their decision-making process. However, our latest data and property trends support an air of renewed confidence in South Africa in light of recent political events and a revised Sovereign Credit Rating by major ratings agencies. In particular, we are seeing an increased appetite for investment with owner-occupiers seeking to build their own bespoke property solutions  and tenants expanding their business by leasing more space in their immediate surrounds. The trend is further supported by a decrease in vacancies of older properties across most industrial nodes.

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Author: Marketing Manager

Submitted 11 Jun 18 / Views 485