Improvon, a real estate investment company, has broken ground on a new warehouse and logistics facility at Rand Airport Commercial Park, South Africa
The development of the facility will be split into five phases. Phase one is expected to be complete in September offering 7,600 sq m under roof which will ultimately increase to 13,000 sq m of A-grade logistics and warehouse space.
Combined, the five phases will have a land area of 250,000 sq m, of which 130,000 sq m will be under roof.
The strategic location of Rand Airport makes it unique from a logistics and freight point of view, said Stefano Contardo, CEO of Improvon. He noted that it is positioned as a gateway to Johannesburg and Tshwane from KwaZulu-Natal. Most logistics and freight forwarding companies will use this node to break bulk and from there ship it to Tshwane, the East Rand and the rest of Johannesburg.
“In light of current supply chain constraints, Dakota Precinct offers an ideal strategic location for specialist manufacturers, assembly plants, processing factories, fast moving consumer goods retailers and third-party logistics providers,” commented Contardo.
“The differentiating characteristics of modern, A-grade facilities support the long-term sustainability of tenant businesses and lower the long-term occupation costs.”
The development is expected to create many jobs, both during the construction phases, as well as in the operations phase.