Nexxagen is redefining the Durban and regional skyline with mixed use residential and commercial developments. Nexxagen is a full- service property development company driven by a team of talented professionals whose combined depth of experience includes all areas of property development. Clear communication and proficient execution enable us to successfully acquire, finance, develop, market, and manage the most desired development projects. Nexxagen's portfolio continues to expand throughout Durban and other premier markets across the region. Our core services as centred in on 3 main themes being property development, transaction advisory and asset management.

Property Development Division

Our property development division are skilled in acquisitions, finance, design, development management and marketing.
  • Acquisitions Our acquisitions team is skilled at identifying properties that are underutilized and potential ground-up developments, redevelopments, asset repositioning, and creative financing. Our team of professionals have the knowledge of current and emerging markets and can evaluate, negotiate, and close acquisition opportunities.
  • Design In collaboration with renowned architects, landscape architects and interior designers the design team envision the landscape, architectural and interior concept. Nexxagen studies innovative designs and products from around the world and incorporate these trends into our projects. Attention to detail is paramount, from the eco-friendly plants, to curtain wall design to floor plans and the affordable yet luxurious interior finishes.
  • Finance Nexxagen structures transactions with both private and commercial capital partners and debt providers. Our access to capital gives us the ability to execute our clients investment strategy to yield the desired returns.
  • Construction Our development team is involved throughout the process from pre-construction planning, obtaining entitlement and permits, developing the budgets, scheduling, contract procurement, execution and close-out.
  • Marketing, Sales and Leasing Our development team, working closely with the marketing team and reputable estate agents, are committed to achieving the maximum sales and leasing price in a competitive marketplace. We manage all sales and leasing efforts in our property developments. Our marketing team identifies and estimates the market demand and creates the vision and identity of each project. Through market research, our team identifies the target markets and establishes effective, integrated marketing initiatives. Together with the development, design, and sales departments, the marketing department ensures each property is creatively positioned and branded to meet and exceed current market demands. Strategic marketing and promotional programs are devised in order to achieve maximum sales prices and sell-out. Marketing, sales and leasing for our development is managed directly with estate agents, consultants and partners from inception to completion. Strategically, relying on an awareness of industry analytics and trends, our key partners maximize market share and optimize sales and leasing absorption. At the pre-development phase, we work in unison with estate agents, urban economists, property marketing specialist, architects and designers to craft the property in alignment with current demands.
  • Development Management The final product conceived, created, managed and delivered by our development management team including design, construction, budget, marketing, and sales input from reputable firms. Our property development team set the strategic plan and manage the projects from conception through completion while addressing the diverse interests and viewpoints of the many private and public stakeholders. The development team focuses on green and brown fields projects, including refurbishments and developments. We have a strategic network that is built on partnerships, relationships, and resources. We maximize the potential return on investment. We have the capacity to manage the development process as an owner or principal and also on behalf of third party investors conducting an in-depth market analysis of the risks and rewards and employing capital, to meet or exceed investment objectives. Our projects are managed in-house, and advisory and consulting services are offered as well. We evaluate every element of the development process thoroughly and holistically to understand the most optimal direction to select. Our approach is aimed to ensure the highest level of success across our fully integrated services. Our aim is to preserve the highest economic, social and environmental return whilst maintaining the flexibility in design.

Transaction Advisory Division

Nexxagen's transaction advisory department effectively and comprehensively manages all commercial and residential acquisition and sales transactions. By overseeing this process internally, we ensure a professional, service- oriented environment, making a complex transaction virtually effortless. This proactive approach guarantees an efficient transaction between all parties. We take the hassle out of property due diligence process (buy side and investment sale side)

Asset Management Division

  • Property Management Nexxagen has developed an intuitive asset management team to reinforce the commitment to maintain the quality of each project developed. Nexxagen's management expertise and direct access to its development and construction teams allow it to provide the most comprehensive range of management services, whether operational, financial, or physical. Our property management division aims to maximise net income through increasing rental income, reducing vacancies, minimizing operating expenses and diminishing arrears. Nexxagen's asset management team manages the ongoing property operations in-house, providing direct control of income and expenses on investments. We strive to provide the lowest operating costs and levies through green lease and sales and the highest level of service through direct communication with our tenants, clients and residents.
  • Accounting Nexxagen's accounting and financial services departments are responsible for establishing effective internal controls, working closely with every Nexxagen department and ensuring that all transactions are accounted for in an accurate and timely manner. The department manages and coordinates high-level financial and tax reporting functions, as required by lenders and institutional partners, with complete transparency.
Nexxagen offers a measured approach to development applying leading practice risk management techniques to assess the viability of projects, including sensitivity analysis.
We will strive for developments that provide energy smart grids, district cooling systems, water conservation, urban farming and ecosystems that are environmentally friendly and net zero carbon emitters.
Past Deals
Northplace Centre, Umhlanga
Nexxagen represented our client as the buyers agent and transaction advisor to perform the due diligence process for the acquisition of the property holding entity and the real estate as well as the facilities within the property. Nexxagen also acted as the lead advisor to Urban Tribes during the initial phase to acquire land, co-ordinate the design, pre-feasibility studies and investment appraisal that ultimately led to the acquisition of the...
Our Clients
The Nexxagen team provided the support and expertise we needed to execute our acquisition with confidence. The balance between care for us as clients and professional precision with which they conducted themselves was second to none.
Dr. Randy Freeman
Urban Tribes, Director