Construction begins in October 2025, with four buildings to be delivered in phases. The first warehouse is set for occupation from the final quarter of 2026, with the remainder rolled out on completion.

Noka Park is a speculative development designed to meet strong and evolving tenant demand. “The South African logistics market is currently being reshaped by a ‘flight to quality’ with tenants prioritising high-grade, sustainable and technologically enabled warehouses over more basic facilities,” says Errol Taylor, Head of Asset Management: Logistics & Industrial at Growthpoint Properties.

This trend reflects broader global shifts. Industrial occupiers are increasingly prioritising technology adoption, integrating IoT, AI and automation to streamline warehouse operations and enhance supply chain efficiency. At the same time, sustainability and ESG alignment have moved to the forefront, with tenants seeking energy-efficient buildings that are solar-ready, water-wise and aligned with green certification standards. Even with the recent suspension of load-shedding, energy security remains critical driving demand for logistics parks with reliable power infrastructure and backup systems. Flexibility is equally essential, as the market shows growing interest in mid-sized warehouses ranging from 10,000m² to 30,000m². This makes scalable, adaptable land parcels a significant competitive advantage.

Expanding a high-performing logistics portfolio

Growthpoint has steadily repositioned its logistics and industrial portfolio as one of its key growth platforms. Logistics and industrial assets have grown from 15% to 20% of its total South African portfolio value, with nearly half of these assets now concentrated in modern logistics warehouses located in high-performing nodes.

This portfolio transformation reflects a deliberate strategy to focus on quality, performance and sustainability, Taylor says, and this is set to continue with a pipeline of demand-driven speculative developments like Noka Park.

Future-ready facilities for modern industry

With its combination of prime location, modern specifications and environmental integration, Noka Park is designed for a diverse tenant base ranging from e-commerce companies to international logistics operators and warehousing.

“Working alongside Growthpoint on Noka Park has allowed us to combine our strengths to develop this high-quality logistics asset,” says Johann du Plessis, CEO of Feenstra Group Developments. “From the outset, the focus has been on future-proofing the development through sustainable design, adaptability and efficiency. The result is a logistics park that not only serves the needs of tenants today but will remain relevant as this innovative sector evolves.”

Each warehouse is equipped with FM2-specification floors, 12m clear spring height and both dock and on-grade access to support efficient movement of goods, enhanced by built-in offices, with staff areas and ablutions.

Solar-ready roofing, LED lighting and generator-ready infrastructure reflect a focus on operational resilience and energy efficiency. Additional features such as low-e performance glazing further enhance sustainability and thermal performance.