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Shree invests R2bn in Durban logistics hubs near port

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The signal

Shree Property Holdings is undertaking a significant R2 billion, three-year investment programme focused on South Africa's KwaZulu-Natal province, strategically positioning logistics infrastructure near the Port of Durban. The initiative involves acquiring and redeveloping two major industrial sites (formerly associated with Plascon and Tiger Brands) into state-of-the-art distribution hubs with container yards, targeting operational readiness by late 2028.

Upon completion, Shree's South Durban Basin footprint will exceed 700,000 m2, making it a major regional player in port-adjacent logistics capacity. This expansion reflects growing confidence in Durban's role as a critical logistics hub and signals strong demand for modern warehousing infrastructure aligned with major transport corridors and container operations.

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