Category Industrial

Growthpoint Properties has completed Phase 2 of the Arterial Industrial Estate in Cape Town, adding 21,831 m² of modern warehouse space and marking a R400 million investment. This expansion aligns with Growthpoint’s strategy to increase its logistics and industrial portfolio, which now comprises 20% of its South African assets. Located in Blackheath, with prime transport access, the estate boasts high occupancy, strong tenant demand, sustainability features, and a four-star Green Star rating, reinforcing Growthpoint’s focus on quality, future-ready logistics assets.

The Atlantis Special Economic Zone (ASEZ), nestled in the Western Cape of South Africa, is rapidly emerging as a key player in fostering green industrialisation and delivering significant economic growth. Its official launch on April 7 marked a pivotal moment, underscored by the sod-turning ceremony for the Quantum V3 facility—a project poised to resonate significantly with South Africa’s green industrialisation agenda.

An extraordinary industrial property with a robust operational background is set to be available for lease starting April 2025. Previously developed and leased by the major German logistics firm DB Schenker, this facility offers a versatile opportunity for businesses aiming to establish a modern factory.

In a transformative endeavor set to redefine aviation in Cape Town, the Cape Winelands Airport (CWA) is emerging as a beacon of innovation, sustainability, and global connectivity. The ambitious project, backed by a dedicated team of experts and partners, aims to establish a world-class aviation hub that will link cultures and places across the globe.

Improvon, a specialist property investment company focusing on the warehousing and logistics sector across sub-Saharan Africa is celebrating 30 years in business.

The industrial asset class has been steadily making its way up the ladder for decades, primarily driven by demand from the country’s manufacturing and logistics sectors.
Both these sectors have experienced their fair share of highs and lows, but a boost in economic performance, coupled with increased investment in the second half of the year, may bode well for a stellar performance in 2025.

Improvon, a specialist property investment company focusing on the warehousing and logistics sector across sub-Saharan Africa, says ‘investable industrial nodes’ in Gauteng and the Western Cape will continue to drive demand for warehousing and distribution centre facilities throughout 2025.

In an environmentally innovative achievement, the Serra® facility, owned by Growthpoint Properties (JSE: GRT), has become South Africa’s first industrial property to earn a prestigious 6-Star Green Star Existing Building Performance (EBP) rating from the Green Building Council South Africa (GBCSA), setting a new benchmark for logistics and industrial properties.

Despite facing various challenges, such as slow economic growth, political instability, supply chain disruptions and rising municipal rates and insurance costs, South Africa's industrial property market has demonstrated remarkable resilience and adaptability, with the warehousing and logistics sector delivering robust performance.

With growing optimism in the ever-resilient industrial property space, a number of key properties that will come under the hammer at High Street Auction Co’s final property auction for the year on November 28, 2024, offer significant opportunities for proactive investors, says High Street Auction’s director Greg Dart.