Developmental Lease for Kings Royal Flats

This tender invites businesses to submit proposals for a long-term developmental lease of approximately 101,065 m² at Kings Royal Flats, Ambrose Park, Durban. The successful bidder will be responsible for the design, construction, and operation of facilities that support commercial logistics, including warehousing and distribution centers. Bidders are required to submit detailed plans that encompass site development, infrastructure, and compliance with environmental regulations. The lease will be structured as a triple net lease, with the bidder responsible for all operational costs, maintenance, and insurance.

The project aims to enhance the Port of Durban's capacity as a container hub, aligning with strategic goals for economic growth and job creation in the region. Bidders must demonstrate their capability through a solid financial model, relevant experience, and a commitment to sustainability. The successful proposal will not only meet the operational needs but also contribute positively to the local community and environment, ensuring compliance with all regulatory requirements throughout the lease term.