Beach life coming to Joburg South as Balwin builds its third lagoon in Gauteng
Balwin Properties wants to build another lagoon in Johannesburg South as part of a new development.
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Balwin Properties wants to build another lagoon in Johannesburg South as part of a new development.
Balwin Properties said the bonus shares were awarded on August 13 in terms of the company’s conditional share plan.
Residential property developer Balwin Properties will add new complementary businesses that it hopes will boost its value.
Balwin Properties, developer of mid-to-upper income apartments, lifted headline earnings per share a robust by 44 percent to 24.95 cents in the six months to August, as it recovered from difficult market conditions owing to the pandemic.
Balwin Properties plans to build 56 313 apartments over the next 15 to 20 years. But most of these will be for its more affordable brand, including the Mooikloof Mega City.