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Durban Company Heads To Develop In Mauritius

Durban Company Heads To Develop In Mauritius

Date: 2014-11-28

Last week, Durban property developing company, Shree Property Holdings announced their new division, SPH Africa, with the signing of the MOU with a Mauritian Company, Omnicane. Shree Property Holdings will be developing warehousing around the Mon Tresor unique integrated development, a mixed-use, sustainable development in the strategic zone around SSR International Airport in the South of Mauritius. An estimated 186 400 square meters of warehousing will be developed by SPH Africa.

Shree Property Holdings was established in 2007 as a property development company, specialising in developing A Grade industrial warehousing, and has since grown from strength to strength. Shree Property Holdings is a family owned company, based in Durban Kwa-Zulu Natal, with an ever expanding property portfolio of over 500 000 square metres, situated around the booming port of Durban, anticipating the prospected future port.

"Shree Property Holding has a reputation in the region for developing and maintaining AAA grade, new generation warehouses." CEO of Shreeprop, Pran Shree said. "We work hard to create productive environments for our tenants using the latest technology."

Shree Property Holdings develop, lease and manage many industrial warehouses for a number of "Blue Chip" Companies, which operate within South Africa's emerging market.

Shree Property Holdings excels towards a product offering of warehousing from a scale of under 1 000 square meters to over 70 000 square metres which features wide open spans for easier movement within the warehouse to AAA Grade Offices for operations, and still allowing versatility for our clients to suit their specific warehousing needs.

Shree Property Holdings remains a family business, which is building on a strong foundation of family values, with Pran as CEO and his wife Annisha as Financial Director.

Their daughter Sanam has recently joined the business as New Business and Investment Manager, while their sons Mayur and Pavan have been involved in the business for several years, as Managing Director & Chief Information Officer and Marketing and New Developments Manager respectively.

"We put our family name to our brand," says Pran Shree. "A constant goal that we strive to achieve, is to add value to our clients and their business. Being a young player in the property market, it is worthy to note that for the Shree family this is just the beginning."