Research
Durban Industrial Market Dynamics, Q2 2024
Summary and analysis of Durban's current industrial real estate market conditions.
September 12, 2024
Contributors:
- Mieke Purnell
Improvements to the N3 corridor infrastructure is benefiting industrial precincts further away from the Durban Port, including uMhlanga, Riverhorse Valley/Avoca, and Hammarsdale, for example.
Despite operational issues faced by the Durban Port, this infrastructure remains a key driver of demand for industrial (warehousing and logistics) space in the broader region.
Sustainability, safety and security features are considered paramount to the letting success within this sector, given the various externalities faced by the region over the recent past.
