Durban Property Market
World Economic Forum (WEF) on Africa: An eventful month in Durban
Government officials, business and NGO leaders and a host of others gathered at the World Economic Forum (WEF) on Africa 2017 in Durban Kwazulu-Natal, to discuss the economic future of the continent, focusing on how growth can be fostered and more equitably spread. ... Full story
Standard Bank signs $80m debt facility with Durban’s Shree Property Holdings
Standard Bank Group, Africa’s biggest lender by assets and earnings, has signed a debt facility of R1 billion (approx. USD80 million) with Durban based company, Shree Property Holdings, to enable the company to refinance existing loan facilities and acquire new properties to add to its industrial property portfolio in KwaZulu-Natal. ... Full story
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Construction begins on South Africa’s new $7.4bn smart city
Construction has begun on the new $7.4 billion (R84 billion ZAR) new city in Modderfontein, Johannesburg, owned by Hong Kong listed Shanghai Zendai, with development of 300 residential units underway. ... Full story
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