Growthpoint Properties breaks ground on new logistics park in KZN

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11-02-2026
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Growthpoint Properties has started construction of its 36 830m2 multi-tenanted logistics park, Tecoma Park, in the Cornubia economic hub in KwaZulu-Natal.

The R392 million development, scheduled for completion in 2027, will comprise 8 flexible units ranging in size from 2 790m2 to 5 264m2 with the ability to combine adjoining units, creating larger units of up to 10 000m2.

Featuring contemporary industrial architecture, the units will offer generous internal heights and efficient loading configurations with both dock-leveller and on-grade access.

“KwaZulu-Natal continues to demonstrate robust property fundamentals, particularly in key nodes offering strong connectivity and long-term growth potential. Demand is driven by the ports, airport and logistics infrastructure, as well as growing consumer markets. From a regional perspective, we continue to see strong tenant demand for well-located, modern space,” says Greg Worst, Growthpoint’s KwaZulu-Natal regional head.

Each unit will include an integrated office component, modern façade treatments, cantilevered canopies over loading doors and high-quality internal finishes. Growthpoint says the park’s masterplan ensures clearer separation between industrial operations, vehicle movement, and office activity with dedicated truck circulation routes, optimised yard depths, and well-planned staff and visitor access points to support smooth traffic flow across the precinct.

Solar PV will be installed across the roofs of the units with green features to include energy-efficient lighting systems, hot-water heat pumps and building forms that maximise natural light to reduce energy consumption. The park will be set within landscaped green spaces to enhance the overall working environment.

Including Tecoma Park, Growthpoint is currently investing around R1.5 billion in various developments and value-add redevelopment projects in the region, which are already underway or to commence including the R800 million purpose-built student accommodation development adjacent to the Howard College Campus of the University of KwaZulu-Natal in Berea.

The REIT’s KwaZulu-Natal property portfolio is one of the largest and most diversified in the region. Valued at R8.6 billion, it spans 560 000m² GLA across more than 50 logistics, office, retail and healthcare assets.