Rentals of small prime industrial spaces grow more than other sectors
Low vacancy rates and demand for space drive growth in rentals
14 July 2022 - 18:57
Prime industrial property spaces measuring about 500m2 recorded nominal rental growth exceeding 5% during the second quarter of 2022, thanks to low vacancy rates.
According to the Rode Report for the second quarter of 2022, nominal rents grew 5.4% year on year compared with 2.2% in 2021 and 0.5% in 2020...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.