These nodes are strategically located, offering proximity to airports, major highways and key roads, as well as access to a skilled workforce, robust infrastructure and secure environments. Additionally, they feature modern, A-grade buildings with architecturally appealing landscaping.
Mark Truscott, Head of Leasing at Improvon commented: “With a growing focus on cost-efficiency, tenants are increasingly opting to lease spaces in new developments, where operational efficiencies help reduce occupancy costs.”
Truscott said the Rand Airport Commercial Park in Gauteng is an example of an investable node. This site, which is home to Improvon’s new Dakota Precinct development, exemplifies the type of location tenants seek: close to markets and customers, with all the characteristics of an investable node.
Truscott said there is demand in some of Johannesburg’s notable nodes – and this trend is expected to continue into 2025. Cape Town, with limited supply of stock and land scarcity is experiencing demand. The metro is also experiencing increased speculative development activity compared to Johannesburg.
Improvon Group CEO, Stefano Contardo said that Cape Town experienced significantly higher demand compared to Johannesburg due to several factors which were compounded by a lack of supply.
“The metro is viewed as well-governed, with efficient service delivery creating a favourable environment for property developments and investments. Additionally, the ongoing semigration to Cape Town is driving demand for both residential and commercial properties, as there is a need to accommodate the influx of people and businesses relocating to the area.”
Attached and below is the full press release. We have also attached images with captions as follows:
Rhenus: The Rhenus facility at Meadowview was custom designed in collaboration with the client resulting in a state-of-the-art, world-class distribution centre spanning over 30,000sqm.
Meadowview: Meadowview Logistics Hub in Linbro Park is ideal for logistics and distribution centre users.
Rand Airport Commercial Park: Located in Gauteng, it is home to Improvon’s new Dakota Precinct development.