As one of the largest property portfolio holders in KwaZulu-Natal, with over 1 million m² of industrial and commercial space, Ithala is ideally placed to service the various business sectors, spread through-out KwaZulu-Natal.
The Properties Department has assembled a professional team to cater for the various needs of business in the Province and to drive economic development and empowerment whilst remaining financially sustainable.
In order to cater for these needs and to ensure that Ithala is the leader in economic development and empowerment, two divisions oversee Ithala's properties:
- Property Asset Management; and
- Property Development.
Consisting of strategically placed shopping centres and office blocks totalling some 140 000 m2, which operate under Ithala's control, with various options and opportunities presenting themselves, specifically for the business looking to access emerging markets.
Ithala has experience in establishing and maintaining one of the largest property portfolios in KwaZulu-Natal. Its portfolio of properties is spread across the province and comprises more than one million square metres of industrial factories and complexes, more than 20 shopping centres, and in excess of 40 banking facilities.
Ithala is active across the development spectrum within the province of KwaZulu-Natal and a key activity is the facilitation of tourism investment in our province.