Construction of the R3,5 billion Clairwood Logistics Park will begin within the first quarter of 2016, creating much needed employment and business opportunities within the South Durban Basin.

Benoni’s popular Northmead Square shopping centre has embarked on a R90 million upgrade that will introduce a new generation Woolworths Food store of around 1,800sqm in size to the centre, while the upgrade will also update the centre with a fresh, modern makeover.

Intaprop has completed two major developments comprising nearly 40,000sqm of prime logistics space at the 38-hectare Super Park Distribution Hub in busy Isando. 

A new property sector is opening up in African markets as retailers growing their presence there are now in need of or building their own distribution warehouses.

Despite the prevailing economic challenges, an encouraging trend evident in the commercial property market is an increasing number of enquiries for distribution and warehousing space, reports Jonathan Klimek, leasing consultant for JHI Properties in the Johannesburg area.

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