The booming landscape of industrial property in the Western Cape

Watch out Jozi, Cape Town’s industrial property sector is on the up. Here’s why.

For decades Johannesburg has stood as South Africa’s unrivalled business hub, boasting a bustling economy and serving as the epicentre for the nation’s commercial activities. But in recent years, Cape Town has begun to close the gap, emerging as a formidable contender in the business arena. The number of economically active people moving into the city every year has increased from 31% in 2020, to 46% in 2023, and it’s not just because of the majestic mountain and great views.

Urban Growth is a specialist in large-scale Supply Chain Logistics Industrial Properties. Over the past 15 years we’re proud to say we’ve emerged as a visionary force in property investment. This is, in part, because we have a deep understanding of the Western Cape’s urbanisation. There are 3 significant drivers that are making people see this beautiful part of the world as the better place to do business.

The 3 Key Drivers

  1. Strategic Location:

    The Western Cape is conveniently located close to major ports, like the Port of Cape Town. This allows for relatively seamless international trade. It also has well-connected and maintained road and rail networks that enhance regional connectivity, which is vital for logistics and distribution.

  2. Economic Growth:

    The economy in the Western Cape is also really diverse, covering everything from agriculture and manufacturing to services, and this too is driving up the demand for industrial properties. The variety creates a huge amount of opportunity for businesses, from local start-ups to established international companies, to tap into new markets.

  3. Innovation & Sustainability:

    When it comes to running a successful business, tenants need protection from loadshedding. The Western Cape industrial property sector is offering this with a big emphasis on green building practices and sustainable energy solutions that are transforming industrial property development.

Capitalising on the Region’s Strategic Advantages

Understanding the significant motivators fuelling the ‘semigration’ has enabled Urban Growth to recognise and maximise the opportunities they present within the industrial property sector. Through sustainable practices and strategic development we leveraged our expertise to capitalise on the region’s advantages.

Urban Growth identifies high-potential sites and undertakes comprehensive development processes, from re-zoning to construction management, to develop state-of-the-art facilities that meet the evolving needs of modern businesses. And by prioritising financial viability and strategic location, we ensure our properties offer superior value and functionality.

Our commitment to sustainability is reflected in our adoption of green building practices. Our initiatives in clean energy integration, such as solar and generator projects, not only reduce environmental impact, but also provide long-term cost savings for our tenants.

To keep returns high and our tenants happy, we have a proactive, hands-on property management approach. And by constantly making improvements and staying responsive we aim to enhance the overall value of our property portfolio.

Today we’re proud to say we have an expanding portfolio of completely “off-the-grid”, A-grade properties to offer people and businesses loo

Building for the future

Looking at the Western Cape’s strategic advantages, and the influx of economically active people to the beautiful city, it’s safe to say South Africa’s business landscape is shifting. Watch out Jozi, there may just be a new business hub in town!

The Cape’s industrial property sector is booming. It’s an exciting time for the industry, and for us at Urban Growth. Our aim has always been to shape the future of industrial real estate, and as the region continues to develop as a key business hub, we’ll continue to contribute to the economic vitality and support our clients by creating high-quality, sustainable industrial spaces that help their business thrive.

Contact Us

If you’re an investor ready to make an impact, or founder looking for a place for your business to grow, contact us at info@urbangrowth.co.za for more info.