SA Corporate sells 25% of Durban shopping mall - eProperty News

SA Corporate sells 25% of Durban shopping mall

Office, Retail, Industrial, Hotels and Residential

Posted On Monday, 21 January 2008 02:00 Published by eProperty News

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SA Corporate Real Estate Fund has sold 25% stake in Umlazi Mega City, a shopping centre in the Durban township of Umlazi, to Sizovuna Investments

Listed property group SA Corporate Real Estate Fund has sold 25% stake in Umlazi Mega City, a shopping centre in the Durban township of Umlazi, to Sizovuna Investments - a company owned by Umlazi residents and community organisations, it said on Friday.

SA Corporate declined to release further details, saying that they would be released on Monday.

Publisher: I-Net Bridge
Source: I-Net Bridge

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