Page 9 - KZN Business Sense 3.5

KZN

KwaZulu-Natal
Business Chambers Council

e industrial element of the wonderful new opportunities for ordinary people to enjoy dignied clearly a company with a social play a sizeable role in facilitating
project, Pran Park - Shakaskraal, the creation of joint ventures ownership. Our goal, however, is conscience. sustainable, permanent new
comprises a 250 000 square metre between both provincial and local to provide added value by making employment opportunities across
serviced 'Greeneld' site, with government structures and the these homes still more liveable "e vision behind Shree all our business activities," Shree
seven platforms available for private sector. through the cost-eective Property Holdings' rapid growth concluded.
industrial development, creating introduction of so-called high-end and business diversication is to
new industrial opportunities and He added: "Ultimately, our benets." be in a position to contribute
vital employment opportunities in objective is to ensure that we meaningfully to business and
a largely rural area. deliver decent homes, enabling Shree Property Holdings is community development and to
Having secured its rst
industrial tenant, leading stainless
steel cookware manufacturer,
Inoxa Industries, the company is
providing a customised 25 000
square metres facility under roof
on a 50 000 square metres site,
whilst simultaneously entertaining
a host of business development
enquiries about manufacturing
sites at Pran Park - Shakaskraal,
the development of which will
make a signicant socio-economic
impact in the area.

e company's strength lies in
its exibility and ability to oer
full turnkey development
solutions, land for purchase or
leased premises.

Meanwhile, Woodmead's
80 000 square metre commercial
component is set to attract
large-scale retailers to the area,
to the ultimate benet of the
KwaDukuza Municipality and the
low to middle-income residents in
the surrounding areas.

A strip-mall, comprising 25 000
square metres of retail space under
roof is planned for construction
and will complement a newly
developed taxi rank, built by the
KwaDukuza Municipality.

Never a company to balk at a
challenge, Shree Property
Holdings' residential property
launch is poised to make a massive
impact on the needy low to
middle-income housing market
here.

Spurning the saturated high-end
market on Durban's north coast,
Shree said that the company was
committed to targeting the o
ignored 'gap market' - low to
middle-income earners - paving
the way for a new community in
the Shakaskraal area with its 4
000-unit housing intervention.
Units will be developed in a
phased approach, Shree said of
the fully serviced site.

Infrastructural inputs have been
provided for by the KwaDukuza
Municipality and plans exist for
the development of schools and
clinics.
Shree said: "We anticipate
breaking ground on the 200 000
square metre phase one
construction project, building 400
residential units, during early
2018. is, we believe will create

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