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Research

Report

Johannesburg Industrial Market Overview Q3 2014


Highlights

  • The Johannesburg industrial market is affected by the lacklustre economic growth, resulting in a decline of take up; an increase in vacancies; and moderating rental growth.
  • While total supply continues to rise (improved by the additional completed stock), the cycle of construction optimism appears to have subsided.
  • Despite the welcomed amount of new stock in the market, increasing vacancies and lacklustre demand remain a concern as such rental performance is expected to remain flat for another 12 months.

     

     

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