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JSE listed self storage REIT, Stor-Age, the only self storage property group listed on any emerging market exchange worldwide, today announced its intention to acquire the attractive Durban based StorTown portfolio of self storage assets from the DanCor Properties group.
FWJK Developments has already completed 24,000m² of mini factory units in two industrial park developments at Cornubia known as Boulevard Business Park and Sugarstone Business Park.
Umgeni Deco & Lifestyle Park, Durban’s prime destination centered for success.
The collective suburb of Berea, comprising smaller suburbs like Greyville, Musgrave and Upper Glenwood, was once home to some of the oldest manors in Durban.
Durban, 27 March 2017 : As construction continues apace on the Cornubia Integrated Human Settlement development which is implemented in a phased manner across the 1,300Ha site bordered by Umhlanga Ridge Town Centre to the East, Mount Edgecombe to the South, Phoenix to the West and Verulam/Ottawa to the North.
Durban’s sophisticated suburb of Musgrave has long been a favourite with affluent families and successful entrepreneurs, but recent trends indicate an increasing demand for student accommodation in the area as well.
The small KwaZulu-Natal town of Verulam lies just 27km north of Durban, a stone’s throw away from the Gateway shopping centre and Umdloti Beach, and a few minutes’ drive from King Shaka International Airport.
Tsogo Sun hikes its interim dividend 10% to 34c per share despite adjusted headline earnings for the 6 months to end-September being static at 88c per share.
Modern homes are generally becoming smaller as more people look to live in convenient sectional title apartments or more compact, manageable houses.
Well-situated adjacent to the Durban International Convention Centre, the Hilton Hotel is currently undergoing a major refurbishment, which is being undertaken in five phases.