Work Underway at New ABSA/Growthpoint Development in Umhlanga

Having broken ground towards the end of January, work is now well and truly underway on the brand new ABSA Building being developed by Growthpoint Property Fund on Richefond Circle, Umhlanga Ridge.

Work Underway at New ABSA/Growthpoint Development in Umhlanga

Having broken ground towards the end of January, work is now well and truly underway on the brand new ABSA Building being developed by Growthpoint Property Fund on Richefond Circle, Umhlanga Ridge.

Having our In2assets offices situated at the neighbouring Strauss Daly Place, overlooking the building site, it will be very interesting watching this building come out of the ground. It also provides us with an opportunity to track and share the progress of the build. Keep an eye on the In2assets blog for regular updates on the project.

So far we have seen the major civils work having been completed and work having recently begun on the top structure. Real progress was signalled this week with the erection of 2 tower cranes on site by contractors WBHO.

Umhlanga Ridge is fast becoming the corporate business capital of KZN with number of major businesses having moved their local head offices to the area within the last five years. These include Investec, Nedbank, FNB, Old Mutual, Strauss Daly, Shepstone & Wylie to name but a few. It is no wonder then that ABSA chose this location to centre their KZN business.

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By Scott McNair

Posted by In2Assets