Investec opens Cornubia Mall, a R1.8bn shopping centre north of Durban
Investec Property has recently opened Cornubia, a new shopping mall near Mount Edgecombe, north of Durban. The 65,000m² mall is valued at R1.8bn. Investec Property SA head Darryl Mayers said it would be home to more than 110 retailers and had taken eight years to construct. Its competitors include Africa’s largest mall, the 220,000m² Umhlanga’s Gateway Theatre of Shopping and Ballito Junction which opened in March. But according to Investec, KwaZulu-Natal still has scope for new retail centres. "We have brought a number of firsts to KwaZulu-Natal’s communities from Bounce Trampoline Park, Cycle Lab megastore, Fives Futbol, Consol Glass and a seven-screen Nu Metro cinema complex featuring 4DX to being one of the only malls to offer all three large food retailers, Pick n Pay, Checkers and Spar," Mayers said.
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