The inter-governmental, multibillion Rand Cornubia Development, situated north of Durban, is underway and has just received a major boost after the South African National Roads Agency Limited (SANRAL) agreed to fund the bulk of R830 million N2/M41 interchange.

Springfield Park, Riverhorse Valley, Briardene and Mount Edgecombe are fast emerging as industrial hotspots in Durban North.

Phoenix Industrial Park, one of Durban’s oldest and sizeable industrial parks, is the focus of a new retention and expansion programme which will see the city boosting local business as it reinvests in the park’s future. The knock-on effect on real estate being one noteworthy spinoff.

Durban is like any other urban space; it suffers from decay and is constantly in need of regeneration. 

JSE-listed Capital Property Fund foresaw an opportunity when it acquired Clairwood Racecourse to convert it into a warehousing and logistics park, according to Galetti Commercial and Industrial, the brokerage firm that negotiated the transaction.

Partnerships could alleviate student accommodation shortages

Back in 2010 there were pessimists and optimists arguing it out over the potential embarrassment or pride at the outcome of eThekwini's plans to pretty up the beach front and revamp its facilities for international guests coming to town for the world cup. 

Tsogo Sun says it will retain its commitment to Durban's 'Golden Mile' through a R220m refurbishment, consolidation and relaunch of the Southern Sun Elangeni and Southern Sun North Beach hotels into one complex.