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Modderfontein assets sold for +R1bn AECI has sold the bulk of its surplus property assets in Modderfontein, Gauteng, to Chinese property developer Shanghai Zendai for over R1 billion.Toti residential market picks upThe residential property market in Amanzimtoti, just south of Durban, is showing definite signs of picking up.R1.5bn new town for KZN's TotiThe old AECI site at Amanzimtoti on the KZN south coast has been sold and a new town is being built on it. By Ingrid Smit