New Indlovu Logistics Park development is upping Growthpoint’s Western Cape exposure

Growthpoint Properties (JSE: GRT) is expanding its logistics and industrial property portfolio with the development of Indlovu Logistics Park on the site of the former PPC facility in Montague Gardens, Cape Town. Indlovu Logistics Park is being developed to meet growing demand for high-quality logistics and warehousing space in one of the city’s most established industrial precincts with modern maxi-units.

The R578 million new development will comprise approximately 38,600m² of gross lettable area across nine maxi-units, offering flexible, future-focused space for logistics, distribution and light industrial occupiers.

Growthpoint identified the significant redevelopment opportunity for this site after PPC decided to move operations to its Riebeek Valley facility.

Construction of Indlovu Logistics Park will commence in May 2026, and it will be ready for occupancy from before the third quarter of 2027.

The first step on site will be the demolition of the landmark PPC cement tower – a longstanding feature on the skyline, visible from as far as the N1 highway – paving the way for a new-generation logistics park.

The development of Indlovu Logistics Park is aligned with Growthpoint’s South African property portfolio strategy to increase its weighting towards sectors and regions expected to deliver better growth over the longer term, specifically targeting logistics and retail property and increased exposure to the Western Cape.

Montague Gardens remains one of Cape Town’s most sought-after industrial nodes, benefitting from its central location and excellent access to major arterial routes, including the N7, M5, M8, N1 and N2. From this position, occupiers can efficiently service the greater Cape Town metro, surrounding suburbs, port terminals and Cape Town International Airport, as well as regional and long-haul distribution routes.

Indlovu Logistics Park will consist of nine maxi-units ranging from around 3,900m² to 4,600m², each combining warehouse and office components. Units can be combined to create larger spaces, with the possibility of a single unit of up to 38,000m² to meet tenant requirements.

The buildings will feature nine-metre eaves height, FM2 power-floated floors with a 50kPa load-bearing capacity, high-lift sectional dock doors, heavy-duty dock levellers and a minimum 32-metre yard depth to support efficient vehicle movement and goods handling. Five-metre-deep canopies over all dock doors will provide weather-protected loading and offloading.

Sustainability forms a key part of the development approach. Rooftop solar PV is integrated into the development. Natural light will be introduced through translucent sheeting along vertical warehouse surfaces, reducing reliance on artificial lighting during daytime operations, while energy-efficient LED high-bay lighting will also be installed throughout the warehouses. Water back-up tanks and water harvesting are included at the park. All this enhances operational, environmental and cost resilience for tenants.

Each unit will be supplied with 250A three-phase power and optical fibre connectivity, supporting power-intensive and technology-enabled operations. The warehouses will be fully sprinkler protected and compliant with ASIB 12th Edition standards, with backup pumps and tanks, as well as provision for in-rack sprinklers should tenants require them.

Security has been prioritised in the design of the park, with 24-hour precinct security, access control, CCTV, guardhouses at entrance and exit points, electric fencing and street lighting, creating a secure and professionally managed environment for occupiers and their staff.

…/ends

About Growthpoint Properties

Growthpoint creates space to thrive with innovative and sustainable property solutions in environmentally friendly buildings, while improving the social and material wellbeing of individuals and communities. Growthpoint is South Africa’s largest primary JSE-listed REIT. It is an international property company invested in real estate and communities in South Africa and across the African continent, Australia and Eastern Europe. Growthpoint is at the forefront of environmental innovation in the property sector in South Africa. Visit growthpoint.co.za for more information. Connect with Growthpoint on Facebook, LinkedIn and YouTube.