The Cornubia Industrial and Business Estate (CIBE) is the most well-developed part of the greater Cornubia development and is made up of 70 ha of platform and 480 000m² of bulk for light industrial uses, including warehousing, distribution, service orientated business and offices.
Investors such as JT Ross; Redefine Properties, Zenprop, and Blindsmart are viewed as the Estates pioneer developers, having supported and invested in a new style of industrial development.
For Rob Thompson of Zenprop, the decision to invest in Cornubia fell in line with Zenprop’s policy of taking strategic land positions. “Over the years we have acquired a number of properties from THD and Cornubia was a natural progression for us considering Riverhorse Valley is fully developed, and Mount Edgecombe is now also pretty much full up,” said Rob.
Underpinning the value of this Estate is the Cornubia Industrial and Business Estate Management Association (CIBEMA), that is collectively responsible for managing public space in the CIBE Estate, with the public and private sector, the eThekwini Municipality, and surrounding local communities. Read more about the estate under Management Association