Bi-Annual April 2015 Western Cape & KwaZulu-Natal Industrial Market Analysis
Industrial Market Analysis
The Western Cape industrial market between November 2014 - April 2015 saw reduced supply levels and increased level of demand. A similar trend was seen in KwaZulu-Natal, and has also been noted in Gauteng. National industrial sector vacancies continued to trend at six year lows overall, while both Western Cape and KwaZulu-Natal nodes recorded predominantly low figures, with rental growth in both regions seeing improvements in growth momemtum.