Category Industrial

Growthpoint Properties will develop the R578 million Indlovu Logistics Park in Montague Gardens, Cape Town, transforming the former PPC site into a modern logistics hub. The project will deliver 38,600m² of flexible warehouse space across nine maxi-units to meet rising demand in the area. Construction begins in May 2026 with completion expected in 2027, reinforcing Growthpoint’s strategy to expand its logistics portfolio and Western Cape presence.

Growthpoint Properties has begun construction of its 36,830m² Tecoma Park logistics development in Cornubia Town, a R392 million investment reinforcing its coastal growth strategy. Positioned 12km from King Shaka International Airport, the multi-tenanted park will deliver premium A-grade space by 2027, meeting rising demand for modern, sustainable logistics facilities in KwaZulu-Natal’s high-performing industrial nodes.

JT Ross Property Group has launched JT Ross Park: Plumbago 5, a 25-hectare logistics development in the fast-growing Riverfields precinct. Offering four state-of-the-art logistics facilities in Phase 1, the park provides high-performance design, energy-efficient solar PV systems, advanced security and premium warehouse specifications. Construction is underway, with occupation scheduled for Q3 2026. The project expands JT Ross’s strong footprint and commitment to future-ready logistics infrastructure.

Equites delivered a disciplined first half to FY26, lifting the interim dividend 3.8% to 69.04c and reaffirming full-year guidance of 140.62–143.29c. Operational momentum stayed firm: like-for-like rentals rose 5.1%, vacancies were negligible, and valuations advanced 4.0%. The Group progressed its UK exit—selling Burgess Hill at a 5.0% yield—and is redeploying into South African, ESG-compliant logistics, including an approximately 90,000m² Riverfields project, supported by liquidity and a hedged, lower cost of debt.

Burstone Group, through its JV with Irongate, has expanded its Australian industrial and logistics platform with the A$39m acquisition of a manufacturing facility in Glendenning, NSW. The deal follows the A$46.6m Hemmant purchase in Brisbane, bringing Irongate’s tally to six acquisitions in nine months. Burstone’s co-investment totals A$5.7m, reinforcing its commitment to Australia’s stable market and supporting a global strategy of fund growth and active asset management.

Cape Town and Durban are emerging as Africa’s top industrial and logistics markets, driven by land scarcity, strong demand, and resilient infrastructure. Cape Town benefits from semigration, operational stability, and limited stock, while Durban’s chronic land shortages and port proximity create a landlord-favoured market. Rental growth is accelerating in both cities, with climate resilience and modern infrastructure increasingly influencing investment decisions. E-commerce and supply chain shifts further boost demand, positioning both cities for continued growth.

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.