Gonzalo Prieto of Ruben Reddy Architects said the aim was to make the building as energy efficient as possible to cut down on future costs.
Delta Property Fund Limited to raise R400m through Accelerated Book Build to fund acquisitions through the issue of new shares to successful participants.
Durban property mogul Saantha Naidu will add another hotel to his portfolio after he bid R78m for Durban’s grand old dame, The Royal Hotel, at an auction.
With previous offerings virtually sold out, the last available residential estate investment opportunity in the Umhlanga Ridge area is opening up for an astute developer.
The Royal Institution of Chartered Surveyors (RICS) is proud to announce the appointment of TC Chetty as its new Country Manager for South Africa.
Encouragingly, the residential property market is currently in an upward cycle and we are seeing a strong resurgence of investors entering the market, says Carol Reynolds, Pam Golding Properties area principal in Durban, Durban North and La Lucia.
National property company In2Assets conducted its 49th auction at the Durban Country Club last week, moving 10 properties and fetching a cumulative R 51.3 million in deals.
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