The small KwaZulu-Natal town of Verulam lies just 27km north of Durban, a stone’s throw away from the Gateway shopping centre and Umdloti Beach, and a few minutes’ drive from King Shaka International Airport.
Tsogo Sun hikes its interim dividend 10% to 34c per share despite adjusted headline earnings for the 6 months to end-September being static at 88c per share.
Modern homes are generally becoming smaller as more people look to live in convenient sectional title apartments or more compact, manageable houses.
Well-situated adjacent to the Durban International Convention Centre, the Hilton Hotel is currently undergoing a major refurbishment, which is being undertaken in five phases.
Durban-based industrial property specialist, Shree Property Holdings, with a portfolio exceeding 650 000 square metres and the largest self-owned cold storage facilities in Southern Africa, is poised to break new ground in Durban's commercial market.
Shaka International Airport was built by Acsa without a feasibility study, it emerges in correspondence linked to a court process.
Shoppers in the well-established north coastal development corridor of Durban will soon be spoilt for choice.
Women continue to make inroads into the traditionally male-dominated South African property industry.
The reinvention of Durban’s old Dunlop tyre factory into state-of-the art warehousing is on track and will be ready for occupation by logistics companies in October.
Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.