[28 September 2018] Park Square, uMhlanga’s newest business and lifestyle development is due to open its doors in November 2018. Interfacing beautifully with its surrounds, the development offers a future-forward, people-centred destination where the surrounding communities and professionals can shop, work and connect.
Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.
Roads are the hallmark of a progressive society and have profound impacts on the communities they serve. The almost complete Mount Edgecombe N2/M41 Interchange at uMhlanga on KwaZulu-Natal’s rapidly expanding North Coast, is one such development that will have a significant impact on this area’s urban quality and spatial connectivity.
Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.
With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
“The retail tenants of the much-anticipated Park Square development on the Umhlanga Ridge are going to change the way the locals see convenience.”
Ballito Junction Regional Mall has taken top honours for retail development in the South African Property Owners Association (SAPOA) Awards 2018.
Vukile Property Fund today reported 7.7% growth in dividends to 168.82 cents per share for the year to 31 March 2018 on the back of higher second-half distribution growth of 7.9%.
South Africa’s eastern province of KwaZulu-Natal, with its diverse culture, year-long sublime climate and abundant natural heritage sites and attractions, has the pull power to bring even more international and domestic tourists to its shores, and has the most potential nationwide to become the tourism capital of the country.
Twelve million people spent nearly R2 billion at Ballito Junction Regional Mall during its first year.

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