Durban Property Market

R1.1 billion Mount Edgecombe Interchange to boost Commercial demand

The development and operational sides of the new R1.1 billion Mount Edgecombe Interchange in KwaZulu Natal has gained momentum, and so is the demand for commercial space in the near vicinity.

There's bucks to be made in Urban Renewal

The bravest investors are now starting to look at property in areas where, up until recently, only slumlords took interest — Central Johannesburg is a prime example.

Office property market losing shine

The office property market is a long way from solving the problem of high vacancy levels, according to the latest Rode’s Report on the SA Property Market.

Mudbricks much stronger than Concrete used at Tongaat Mall

A commission of inquiry investigating the Tongaat Mall disaster, on Wednesday heard that mudbricks were stronger than the concrete used in the construction of the collapsed section.

R22bn Go Durban project forges ahead despite complaints

The construction of the first phase of the multibillion-rand integrated rapid public transport network system, known as Go Durban, is set to continue despite complaints from some businesses and landowners

The Lion Match Company secures R80m Head Office development

The Lion Match Company, which produces the iconic Lion Safety Matches, has increased its commercial office investment in Durban’s Point Waterfront node with R80 million loan package granted by Nedbank Corporate Property Finance.

Durban Residents fight over demolition of a heritage building

GLENWOOD residents have objected to the demolition of a heritage building to make way for a student hostel in the Durban suburb.

Delta set to acquire two office buildings in a R488m deal

JSE-listed black-controlled Delta Property Fund will spend nearly half a billion rand for two office buildings in Durban: the Old Mutual Centre and The Marine from Old Mutual Life Assurance Company.

Haste led to Tongaat Mall collapse

A worker on the construction of the Tongaat Mall, which collapsed on November 19 killing two people and injuring 29, said that haste led to the tragedy at the site near Durban.

Unqualified construction workers blamed for Tongaat Mall collapse

The dangers posed by incompetent and unqualified personnel who handled Tongaat Mall construction in Durban were highlighted on Wednesday during the proceedings of the Commissions Inquiry.

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