Summary and analysis of Durban's current industrial real estate market conditions.
Insight
Durban Industrial Market Dynamics, Q4 2024
Major multinationals have announced plans to enhance their physical presence or increase capital investment in the region's industrial markets, signalling a strong vote of confidence in the area's economic prospects.
Steady demand continues to support the new development of logistics facilities and multi-parks, particularly in more outlying areas.
Optimal accessibility to distribution and logistics networks remains a critical factor, as occupiers in the region prioritise maximising operational efficiencies.