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.
Durban-based industrial property specialist, Shree Property Holdings, with a portfolio exceeding 650 000 square metres and the largest self-owned cold storage facilities in Southern Africa, is poised to break new ground in Durban's commercial market.
Shaka International Airport was built by Acsa without a feasibility study, it emerges in correspondence linked to a court process.
Shoppers in the well-established north coastal development corridor of Durban will soon be spoilt for choice.
Women continue to make inroads into the traditionally male-dominated South African property industry.
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