Warehouse demand around Sandton held steady this quarter. Smaller units of 500 to 1,500 square metres with good truck access let fastest, while older stock without backup power sat longer than it did a year ago.
Tenants now ask about power and water resilience before they ask about rent. Landlords who added solar, a generator or a borehole are seeing shorter vacancies and fewer incentives, even at slightly higher asking rentals.
For owners thinking of selling, the buyer pool is mostly owner-occupiers and small funds. Clean title, an up-to-date electrical certificate and accurate floor plans shorten the time from offer to transfer more than any price cut.