Recent acquisition of two properties valued at R28m is in line with investment strategy to capture market share
Inospace, SA’s largest owner and operator of last-mile logistics parks, has acquired two small logistics assets in the Western Cape for R28m to meet growing demand for space.
The acquisition is in line with the company’s change of strategy in the Western Cape to focus on buying smaller logistics properties measuring 5,000m2 — almost the size of one rugby field. These buildings are converted into 50-100 smaller units...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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