In his Budget Speech 2018, Finance Minister Malusi Gigaba used Bridge City as an example of a successful public-private partnership which is leading to social and economic transformation.

The South African Property Owners Association (SAPOA) signed a Memorandum of Understanding with National Treasury (NT)  in Johannesburg yesterday.

“We can achieve so much more and get better results if we work together instead of doing it on our own”.

SAPOA met with key government stakeholders to foster relationships between public and private sector on issues affecting property owners, managers and developers in the Capital City.

Demand for prime land in KwaZulu-Natal’s northern corridor is on the rise with the announcement of two major property and investment deals.

Tongaat Hulett will release 42 of the remaining 62 hectares of Ridgeside, its iconic development on Umhlanga Ridge,to the market as a single transaction in the first quarter of 2014. 

A public-private partnership between eThekwini municipality and Moreland Development could create another R10bn commercial and residential centre in Umhlanga, north of Durban.

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