Industrial
- Sector is resilient with a National vacancy rate at only 3.7%
- Increased demand for logistics warehouses due to surge in online shopping
- Heavy industrial demand in KZN exceeds available supply
- Sector affected by load shedding and energy supply
Retail
- Resilience by successfully navigating risks of economic slowdown, higher interest rates and COVID
- Rural, convenience, and neighborhood shopping centers fared well post COVID, with some experiencing growth
- Larger regional shopping centers affected by COVID are now seeing customers in higher LSMs transitioning to online shopping.
Office
- Office sector closely correlates with the economy
- Yet to recover from the new ways of working adopted during and after COVID
- Premium A offices show low vacancies with many C grade offices either mothballed or repurposed.
Residential
- Continues to slow down due to lower demand due to weakening economy, high cost of living, and higher interest rates
- Student accommodation gradually improved since COVID
Specialised
- Growing demand for healthcare facilities, specialized centers, private educational facilities and hospitality sectors
