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King Senzangakhona Shopping Centre is a regional shopping centre located in Ulundi, approximately 240 kilometres north of Durban. The 22,373m2 centre is anchored by Superspar, Game and Cashbuild, and is situated adjacent to the R66, the main road running through Ulundi.
Murchison Mall is an enclosed shopping centre located in Ladysmith, approximately 238km inland from Durban. The 18,645m2 centre is anchored by Shoprite and is situated in the Ladysmith CBD opposite the town’s main taxi rank.
Smital Rambhai, portfolio manager of the fund said, “We look forward to creating further positive community impact through these new acquisitions, whilst delivering strong stable long-term returns with a low degree of volatility for our investors.”