Research

Johannesburg Industrial Market Dynamics, Q3 2024

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

November 18, 2024
Contributors:
  • Mieke Purnell

Demand for modern logistics and related facilities in the greater Johannesburg metropole remains robust. Demand for urban logistics amenities is also rising.

The R21 transit corridor is the leading destination for logistics and warehousing users, resulting in a strong development pipeline and high rentals.

Speculative development of smaller (5,000 – 15,000 sq.m.) warehousing and distribution-related parks is gaining momentum.

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