Rode Media

Category Industrial

Industrial property in high demand in Cape Town

Experiencing increased demand for industrial space locally and from around the country, Cape Town has become South African investors’ preferred location in this property market sector, which has made securing quality industrial assets very competitive, says Marcus te Vaarwerk, a director of Swindon Property.

Logistics: Surging Demand and Rising Costs

“Since 2008, rental prices in the industrial and logistics sectors had remained relatively flat. However, the past 18 months have seen a significant surge of 30-40%, causing tenants to struggle with these rapid increases,” says Kyle Hyam, Associate Director at Galetti Corporate Real Estate Advisory.

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