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The eThekwini industrial market has historically recorded low vacancy rates with the 5-year average vacancy rates for the various nodes ranging between 2% and 6%. The development pipeline in Durban is currently thinning out, but this can be expected to change in the near future. Comparing the 2016 and 2017 vacancy rates as reported by SAPOA, it appears that there has been a renewed interest in industrial accommodation in the Umbilo and Mobeni nodes.
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14 June 2018