Cash-strapped SMEs move to smaller spaces, Inospace survey shows
Tenants are renting extra space on demand instead of bigger facilities amid rising need for micro logistics
18 September 2023 - 06:00
Inospace, SA’s largest owner and operator of last-mile logistics parks, says tenants facing economic pressures are downsizing to smaller logistics spaces to remain operational.
The August survey of nearly 2,000 of its tenants across its 52 parks in Cape Town and Johannesburg shows that small and medium enterprise (SME) tenants are seeking small spaces of 50m²-100m². In some cases they are prepared to pay more for the limited space...
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