AJ Property Holdings, a Durban-based, majority Black-owned property developer led by South African government Bernadette Mzobe, is making ready to open its new shopping center on KwaZulu-Natal’s South Coast. The event, which has already generated vital native curiosity, is anticipated to reshape retail and residential exercise within the Kingsburgh space.
Pre-leased 90 p.c forward of launch
The Kingsburgh Junction mall is ready to open on March 26, 2026, as considered one of South Africa’s largest new retail initiatives. By September 2025, 90 p.c of its area was pre-let, anchored by nationwide retailers together with Superspar with Tops and Vida e Café, Woolworths, and Dis-Chem. Different tenants embrace Pep, Pep House, Ackermans and quick-service eating places reminiscent of KFC Drive-Via and Pedro’s. The event is anticipated to generate development jobs and everlasting retail positions, draw customers from close by cities and assist native companies.
The mall’s location advantages from its proximity to Arbour City, the area’s dominant retail hub, in addition to close by Galleria Mall, Arbour Crossing (Worth Centre) and Makro, all inside 4.5 kilometers. Whereas Arbour City serves as a super-regional vacation spot, the brand new mall is designed as a comfort retail hub, complementing Seadoone Mall and addressing demand in middle-income suburbs reminiscent of Doonside, Doon Heights, Shulton Park, and Warner Seashore.
AJ Property delivers community-focused developments
Based in 2017, AJ Property Holdings is a 51 p.c Black-owned, Stage 1 B-BBEE firm. Beneath Mzobe’s management, it has grown steadily with out exterior funding, delivering retail developments, mission administration and turnkey options. Accomplished initiatives embrace Jozini Tiger Lodge and Inanda Procuring Centre in KwaZulu-Natal, 1 on Albert within the Western Cape, and Kwabhaca Mall and Bizana Stroll within the Japanese Cape. These developments display the corporate’s capacity to mix business viability with neighborhood impression.
Managing director Bernadette Mzobe brings greater than 23 years of property expertise. A former company banker, she boasts deep experience in property finance, mergers and acquisitions, B-BBEE transactions and structured finance with senior roles at Investec, Ithala and Commonplace Financial institution Company and Funding Banking. She has held management positions on a number of boards together with as CEO of a property funding and light-industrial firm.
