Sectional title developer Balwin teams up with Reggie Kukama in BEE deal
Reggie Kukama and associates to acquire a 10% stake through vendor loan transaction
Balwin Properties, SA’s largest sectional title developer, announced on Wednesday what it calls a landmark broad-based BEE (B-BBEE) deal, with a residential developer instrumental in a multibillion-rand development along the Vaal river.
The JSE-listed property group said it will partner with black investors led by architect-turned-residential developer Reggie Kukama to buy a 10% stake in Balwin. ..