Increased over the past two years, contributing to excess supply predominantly in the upper-ends of the property market.

Thursday, 20 June 2019 08:50

Myan Moodley takes the reins at Sibaya

There is a new man at the helm of Sun International’s Sibaya Casino & Entertainment Kingdom, Myan Moodley.

Fortress REIT Limited, the diversified property group, is preparing to welcome Makro as the first tenant in its 28 hectare Cornubia Ridge Logistics Park, which is strategically located close to Durban’s thriving business and residential hub of Umhlanga as well as King Shaka International Airport and the Dube TradePort.

“Climate change is real,” Minister Mboweni’s budget speech statement is a fact. But now what? We need to be smart, diligent and brave to reach the low carbon future the National Development Plan plotted out for us, says Dorah Modise, CEO Green Building Council South Africa.

A breakfast event held jointly by the South African Property Owners Association (SAPOA), Women’s Property Network (WPN) and the South African Institute of Black Property Practitioners (SAIBPP) sponsored by Beier Group and the Durban ICC, took place at Durban’s ICC on 13 February 2019.

Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

The South African Women in Property Awards (SAWIPA) were hosted at the Inanda Club on the 23rd October 2018.

[28 September 2018] Park Square, uMhlanga’s newest business and lifestyle development is due to open its doors in November 2018. Interfacing beautifully with its surrounds, the development offers a future-forward, people-centred destination where the surrounding communities and professionals can shop, work and connect.

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

Roads are the hallmark of a progressive society and have profound impacts on the communities they serve. The almost complete Mount Edgecombe N2/M41 Interchange at uMhlanga on KwaZulu-Natal’s rapidly expanding North Coast, is one such development that will have a significant impact on this area’s urban quality and spatial connectivity.

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