Benoni’s popular Northmead Square shopping centre has embarked on a R90 million upgrade that will introduce a new generation Woolworths Food store of around 1,800sqm in size to the centre, while the upgrade will also update the centre with a fresh, modern makeover.
The holding company Derou & Partners Group, through its subsidiary Confortis International Inc., has started the construction of WellCity, a new third-generation city.
The once bustling textile and clothing manufacturing town of Hammarsdale, west of Durban, has been thrown a lifeline, giving hope to its legion of the unemployed.
Balwin Properties is looking to raise between R713 million and R1.6 billion ahead of its listing on the “Real estate holding and development” sector of the JSE main board on Thursday, 15 October 2015.
The Pavilion shopping centre in Durban is set to get a massive R1.1 billion makeover and expansion designed to strikingly reposition the centre, significantly increasing its leisure and retail offering.
On the back of the success of Waverley Office Park’s first phase – which was leased to auditing firm Sekela Xabiso and engineering firm Jacobs Matasis – Barrow Properties has now broken ground on the second phase of the project.
JSE listed property investment and development company, Pivotal Property Fund and Abland Proprietary Limited, broke ground on their Loftus Park development.

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