Thursday, 01 February 2018 20:59

Retailers and Shopping Centres remain steadfast

Retailers and shopping centres throughout the country are reeling in from the challenging 2017 year. Despite this, retailers and shopping centres garnered support from consumers over the Festive Season.

FWJK Developments has announced the go ahead of its seventh A Grade office block at Ridgeside, Umhlanga to be known as Ridge 7.

Situated towards Umdloti on the KwaZulu-Natal North Coast, the new Sibaya precinct has rapidly become entrenched as the region’s property ‘hotspot’ – a monniker it is likely to hold for at least the next 10 to 15 years.

A new bench mark has been set for property sales north of Umhlanga.

A landmark new R157 million green office development by Growthpoint Properties in Umhlanga’s booming Ridgeside precinct is nearing completion and has become Durban’s first 5-Star Green Star SA rated building.

Growthpoint Properties has targeted boosting its solar energy generation capacity to over 6MWp by mid-2016 to become one of the largest generators of rooftop solar power in South Africa.

The R1.4 billion new 65,000m2 Ballito Junction Regional Mall is already more than 80% full, with more than a year-and-a-half before it is due to open in March 2017.

More investors are likely to place Accelerate Property Fund on their buying lists after the company finally acquired the rights to add another 90000m² to Fourways Mall.

FirstRand Bank today announced the official opening of its regional head office in Umhlanga, Kwazulu Natal. 

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