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.

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.

Prime land in Durban's Umhlanga Ridge ready for Commercial Development

JSE-listed sugar and property giant, Tongaat Hulett on Wednesday said that it 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.

Tongaat Shopping Mall in KwaZulu-Natal Collapses

The roof of the half-built Tongaat Shopping Mall located in Tongaat north of Durban, KwaZulu-Natal, collapsed around 4.30pm on Tuesday killing at least 1 person and trapping 50 under rubbles.

SANRAL boosts KZN’s Cornubia Development with R830m N2/M41 interchange

South African National Roads Agency Limited (SANRAL) has agreed to facilitate funding of Cornubia interchange improvements at Mt Edgecombe in KwaZulu-Natal.

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