Research
Durban Industrial Market Dynamics, Q3 2024
Summary and analysis of Durban's current industrial real estate market conditions.
November 18, 2024
Contributors:
- Mieke Purnell
Demand for logistics and warehousing remains strong, encouraged by ongoing infrastructure upgrades along the N3, and operational improvements at Durban Port.
A shortage of modern warehouses nearby the port which include land that is suitable for container yards is a major factor supporting the region’s development pipeline.
Larger industrial users and operators in Durban are actively seeking more efficient premises, away from flood-prone areas and with enhanced security.