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. ..

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