A major dairy processing plant has recently been liquidated in South Africa. 

An explosion of interest and uptake in recent years has seen the mixed-use industrial park, Capricorn Park, turn into a resounding success story as developers, owner occupiers, investors and tenants both local and national have converged on this secure and affordable, prime situated location near Muizenberg in Cape Town’s Southern Suburbs.

Following the liquidation order of Dairybelle, two Epping properties belonging to the company went under the hammer recently for R66 million. Giant Sweets was the successful bidder.

Clear Asset to auction Dairybelle's Epping properties and moveables in final Liquidation order.

Over the past 6 months some positive signs, albeit small, have finally been seen in the industrial property market in the Greater Cape Town area 

A custom developed 16,500sqm facility forming the new regional distribution centre for Ellerine Holdings Limited in Epping, Cape Town, was developed by Growthpoint who tailored the facility to client needs. The facility includes 2,000sqm of offices and a 14,500sqm warehouse and environmentally sound practices  were applied at every stage - from design and demolition through to materials and energy efficiency