Rabie Property Administrators Secures Two Additional Buildings to Manage
Rabie Property Administrators (RPA), which has a portfolio under administration of more than R3,5billion, has secured two new management contracts for buildings recently acquired by JSE-listed Ingenuity Property Investments Ltd. The new contracts are for 142 Edward Street in Tygervalley and for the Food Lover’s Market in Claremont. Situated diagonally opposite the Tygervalley Shopping Centre, […]
Century City : R11billion in new development in the pipeline for Century City
New development totalling R11billion is in the pipeline for Century City where total investment to date has topped R16billion. The 250 ha Century City mixed use development was launched in 1997 with the remaining undeveloped land and associated rights being acquired by the Rabie Property Group in June 2004. Since then the development has grown […]
Century City offices : Moore Stephens SA relocates to Century City
Accountancy firm Moore Stephens BKV Inc. has relocated to Century City, taking just under 2000 square metres in The Gateway office block on a long lease. Moore Stephens BKV Inc. has been operating since 2003 and is part of the Moore Stephens International Association (MSI), one of the world’s major accounting and consulting networks with […]
Century City offices : Where are we in the property cycle?
Giles Balmer of Rabie Property Group shares with us his amateur’s guide to the commercial property cycle. Is the property market currently in a state of flux? Are we still in a recession? Are the banks still professing a recovery (yet their vaults are seemingly still bolted shut)? And are we still heading into double […]
Lack of zoned land will hinder an upturn
Zoned land with development rights is becoming increasingly scarce and the rezoning process increasingly more complex and time consuming which will make it difficult for developers to respond quickly to an upturn in the market, warns Colin Green, a director of Rabie Property Group.
Gatehouse at Century City proves to be runaway success
The Gatehouse, a 3000 square metre, triple-A grade sectional title office block on a gateway site at Century City, has proven to be a runaway success.
Sedica Knight of developers Rabie Property Group said 21 of the 23 sectional title offices in the three-storey office building had been sold while the two units retained by the developer had been let.
“Three of the units were sold to owner occupiers and the other 18 to investors who have been capitalizing on the current low interest rates.
Rabie Property Administrators’ portfolio grows to R3,5 billion
Rabie Property Administrators (RPA) has secured two new management contracts boosting the value of its portfolio under administration to more than R3,5 billion. The contracts include the Old Biscuit Mill in Albert Street, Salt River as well as Indigo Properties’ Cape Town CBD portfolio of eight buildings. In addition RPA has been awarded the management […]
New Century City land release offers rare opportunity for owner occupiers
A rare opportunity for small developers and owner occupiers looking to develop or build their own offices at Century City is to be brought to the market shortly by the Rabie Property Group. Park Lane, a new 11 000 square metre office park, will offer purchasers a total of 16 serviced erven in a park-like […]
Now’s the time to develop your own office building
The time may never be better than the present for tenants or owner occupiers to develop new commercial premises, says Colin Anderson, a director of Rabie Property Group. Anderson says banks are starting to relax their lending criteria and interest rates are at the lowest they have been for 31 years. “The lower interest rate […]
Know your rights and obligations in sectional title schemes
Sectional title has become the most common form of property ownership in South Africa and it is imperative that property owners know their rights and obligations in relation to the sectional title development in which they are involved, says Kim Pistor, legal advisor and conveyancing manager for Rabie Property Group. Pistor says people often confuse […]