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KwaZulu-Natal

R240m Takeover may breathe life into struggling KZN’s iconic Zimbali Hotel Resort

A takeover by The Capital Hotels and Apartments has thrown KwaZulu-Natal’s iconic Fairmont Zimbali Hotel Resort a lifeline. ... Full story

Hilton Hotel, another Covid-19 casualty, closes doors

The Hilton Hotel in Durban, one of the most prestigious hotels in the KwaZulu-Natal province, has become the latest tourism casualty of the COVID-19 pandemic.

R20m set aside for KZN Tourism Relief Fund

KwaZulu-Natal Premier Sihle Zikalala announced that R20 million has been set aside towards the KwaZulu-Natal Tourism Relief Fund to provide relief to tourism businesses in distress

Texton secures Truworths for prime Durban CBD space

Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

KZN gets R1.3 billion Warehouse facility to house Pepkor

Equites Property Fund (JSE: EQU), whose footprint extends to the UK, said on Tuesday that it will be developing a 122 734 square metre logistics warehouse facility in Hammarsdale, KwaZulu Natal to house JSE-listed retailer Pepkor (PPH).

Makro expands in Durban’s booming Cornubia

Cornubia, a multi-billion rand mixed-use development in the northern corridor of Durban, has welcomed the new state-of-the-art Makro Store scheduled to start operating this week.

International connectivity gives KwaZulu-Natal the edge

Increased connectivity in the form of international direct flights into Durban, has paid off so well for tourism sector and economic growth in KwaZulu-Natal region.

Inquiry into Durban collapsed structure postponed

The formal Section 32 inquiry into the collapsed structure that was under construction at Imperial Logistics in Durban, KwaZulu-Natal, has been postponed.

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.

New Ballito Junction Mall ready to trade despite dwindling consumer spending

The much-awaited Ballito Junction Mall located in KwaZulu-Natal's North Coast holiday town of Ballito, will be opening to the public on Thursday, March 23 despite other Mall Owners feeling the pinch amid dwindling consumer spending.

Nedbank backs Umhlanga's new mixed-use development with R1bn

Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility.

Durban’s King Shaka International Airport built without a feasibility study

Astonishing claims has surfaced, suggesting that the King Shaka International Airport in Durban was built without a feasibility study by Airports Company South Africa (Acsa).

A look at Durban’s R1.8 billion Cornubia Shopping Mall

DURBAN - Cornubia Shopping Mall, a new retail development located in the north coastal corridor of Durban, is on track to open its doors in September next year.

Cornubia attracts property investors

Cornubia Industrial and Business Estate (CIBE), located in KwaZulu-Natal’s northern corridor, has emerged as a focal point for property investors.

Kwazulu-Natal’s aerotropolis boosts property interest

There is significant interest from property investors on the north coast of Durban due to increased economic activity at Africa's first purpose-built aerotropolis, the Dube TradePort, home to King Shaka International Airport.

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