Live the good life
Centrally located on the Berea, Musgrave Centre brings Durban visitors and residents a unique, enjoyable shopping experience. Committed to fusing contemporary styling with the latest trends in a convenient and easy to access location, our Centre delivers an unmistakably sublime shopping experience in one of Durban's most affluent inner city areas. Musgrave Centre is home to over 120 upmarket retail outlets, ranging from big international brands to national retailers, independent line stores and boutiques. Our Centre features a variety of retail categories to suit your every need, including groceries, supermarkets, fashion, home and lifestyle, electronics and banking. From the stores you know to those you don't, we have taken great care to pick a wide selection of stores that deliver a complete shopping experience to our shoppers. Our Centre also boasts a wide variety of eateries. Whatever your taste, there's an explosion of flavours ready and waiting to ignite your taste buds.
Can't wait to catch the latest Hollywood blockbuster? Our Ster-Kinekor cinema screens all the latest releases featuring your favourite stars from the silver screen in a clean and safe cinema experience. Whether you're taking a break from shopping or visiting us for your latest big screen fix, our cinema is not to be missed!
If you're looking for an undoubtedly Durban retail experience then you're in the right place. Visit Musgrave Centre and discover a leading shopping centre that has been the epitome of Durban's shopping and retail entertainment scene for over 50 years.
Musgrave Centre is proudly owned by SA Corporate Real Estate Limited and managed by Broll Property Group.
SA Corporate Real Estate Limited (SA Corporate or the Company) is a Corporate REIT (Real Estate Investment Trust) listed under the Real Estate, Diversified REITs sector of the South African Stock Exchange, the JSE Limited (JSE). SA Corporate is one of the oldest and most established property companies in the South African market. The Company features an attractive portfolio diversified across 178 properties which covers 1.39 million square metres of lettable space.
The R12.4 billion [31 December 2015] portfolio is focused on industrial, retail, inner-city residential and commercial assets, primarily located in the major metropolitan centres of South Africa.
The Company was reconstituted from SA Corporate Real Estate Fund (the Fund), a CISIP (a collective investment scheme in property in terms of the Collective Investment Schemes Control Act, No 45 of 2002, as amended) to a Corporate REIT, SA Corporate Real Estate Limited, in July 2015. The JSE granted the Fund REIT status with effect from 1 January 2014.
The Company has a good tenant retention ratio with an impressive industrial portfolio, strong balance sheet and moderate gearing. It offers an attractive investment for those looking for a balanced, moderate risk investment in quality real estate through an easily tradable instrument.
Broll Property Group (Pty) Ltd is Africa’s leading property services provider with nearly 40 years of experience in property on the African continent, Broll’s African assets under management are over R60 billion, of which a growing R12 billion is outside the borders of South Africa. Broll’s full spectrum of property-related services include: property management, facilities management, shopping centre management, retail consulting, office broking and office space, industrial property broking, corporate real estate services, valuation and others. Its association with international partner CBRE brings together an unrivalled mix of technical expertise and global market knowledge with the sole purpose of maximizing the potential of property.