Broll SA Property Market Report 2008 - part 3 - Industrial Market

Posted On Tuesday, 21 October 2008 02:00 Published by
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Demand for industrial property has increased dramatically in recent times on the back of a buoyant economy. The tremendous shortage of factories and warehouses, old or new, has led to rising land prices and rentals unlike anything seen for many years

Malcolm Horne

 

 

 

 

 

 

 

The following factors have contributed:
- A shortage of zoned land amid exponential demand
- Rapid building cost inflation
- Electricity shortage, especially for new developments.

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