Summary and analysis of Durban's current industrial real estate market conditions.
Insight
Durban Industrial Market Dynamics, Q4 2024
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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.