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Amtrad and Africa Construction form commercial development company

Amtrad Developments has joined forces with Africa Construction to establish Amtrad Africa Developments (Pty) Ltd, a property development company focused on commercial, retail and industrial property.Amtrad and Africa Construction will each own 50% of the new company’s equity, with Mutle Mogase serving as chairman and former Stocks Developments MD, Murray Thalrose, as managing director.

Amtrad Africa Developments already has a number of projects on the drawing board, among them a proposed development at La Lucia Ridge Office Estate in KwaZuluNatal, an office park in Bedfordview, and a retail development in Woodmead.