From Creamer Media in Johannesburg, this is the Real Economy Report.
Sashnee Moodley:
Real estate investment company Improvon on February 16 broke ground on a new warehouse and logistics facility, the Dakota Precinct, at Rand Airport commercial park. Tasneem Bulbulia tells us more.
Tasneem Bulbulia:
The development will be split into five phases, and the project cost is estimated at R1.3-billion. Nedbank Property Partners is a key funder and shareholder of the project. Improvon CEO Stefano Contardo expands on the project.
Improvon CEO Stefano Contardo:
Tasneem Bulbulia:
Contardo outlines the significance of the company breaking ground on the development.
Improvon CEO Stefano Contardo:
Tasneem Bulbulia:
Cortado outlines the reasons the company is undertaking this project, and the fundamentals underpinning its confidence in this.
Improvon CEO Stefano Contardo:
Tasneem Bulbulia:
Cortado highlights the benefits that this project will engender.
Improvon CEO Stefano Contardo:
Tasneem Bulbulia:
Cortado expands on the expected challenges, and how these will be mitigated.
Improvon CEO Stefano Contardo:
Tasneem Bulbulia:
Cortado touches on the City of Ekurhuleni’s involvement.
Improvon CEO Stefano Contardo:
Sashnee Moodley:
That’s Creamer Media’s Real Economy Report. Join us again next week for more news and insight into South Africa’s real economy. Don’t forget to listen to the audio version of our Engineering News daily email newsletter.