Research
Durban City Report - December 2018
December 03, 2018
One could argue that 2018 has worked out to be more of a construction year in Durban. Developer activity has been strong in all sectors with the continued growth of mixed-use precincts shaping the coastal city. While economic activity has been weak across the country, Durban has seen low industrial vacancies and a declining trend in office vacancies. Improved trade efficiency due to port investment and other public infrastructure is setting a positive tone for economic activity in the year ahead.