Emira Property Fund’s Springfield Retail Centre in Durban has relaunched, a year after it was damaged by arson in the widespread devastation of July 2021, where looters made their way into the centre ransacking most of its stores. The mayhem culminated in an arson attack the next day, with fires...
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Building Information Modelling (BIM) to tackle challenges and provide solutions for KZN rebuild
The catastrophic floods that occurred in KwaZulu-Natal in April 2022 caused an estimated R7 billion in damages. Road and rail systems were ravaged, hundreds of schools were destroyed, whilst water supply and electricity networks were badly affected. Over 820 companies were severely impacted...
Areas and Places
There are only 10 homes in Soweto that are registered in the R3m+ price band
Registered homes in Soweto have more than doubled since 1994 to 183 525 – and 99% are Freehold. According to Haley Ivins-Downes, Head of Digital at Lightstone, there were 83 119 registered properties during the year South Africa held its first democratic election, one of which was...