Western Cape's King Air Industria, a 72-hectare Industrial development close proximity to Cape Town International Airport, grows apace with Infrastructure completion for the first two phases of the project.

The demand for logistics business parks rather than warehousing is rising, prompting property investors to increase their allocations and exposure in the Industrial sector.

Last year, Atterbury Property and Old Mutual Properties commenced the development of the King Air Industria park, just 2km radius from Cape Town International Airport.

The development, alone represents a R3 billion investment in the Mother City and has taken more than three years of planning. Infrastructure is nearing completion for the first two phases of the 72-hectare project.

Internal services will be ready by end-April. Extensive external road upgrades to Robert Sobukwe and Borcherds Quarry roads as part of the development will be completed by the end of May 2021, when the park will officially open. Read More