Research

Cape Town Industrial Market Dynamics, Q2 2024

Summary and analysis of Cape Town's current industrial real estate market conditions.

September 05, 2024
Contributors:
  • Mieke Purnell

Strong trading conditions stemming from a growing local population (by virtue of ongoing semigration) is enabling positive rental reversions.

Multi-let industrial parks are receiving higher volume of inquiries, driven by the growing last-mile logistics market, as well as an increasing number of start-ups.

Development activity is ongoing in peripheral nodes such as Airport Industria, Atlantic Hills, and Brackenfell, given the limited land availability closer to the urban core.

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