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Murray & Roberts handed over site for mega Bridge Park development

Murray & Roberts Western Cape have been handed over the site in the Bridgeways precinct at Century City on which they are to build the R450million Bridge Park development for joint venture partners Growthpoint Properties and Rabie Property Group. The development will comprise two mega “green” office blocks on a shared basement & podium with

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R1bn in new developments underway at Century City

Cranes are back on the skyline at Century City with new developments totalling more than R1billion under construction and more in the pipeline. John Chapman, a director of Rabie Property Group, said Century City had continued to outperform the office market generally and while many other nodes were showing  a significant increase in office vacancies,

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Residential Property : Beginners’ guide for would-be home owners

A few observations by Kutlwano Rasodi, project manager, Rabie Property Group Many conversations about purchasing property either as an investment or in which to live have been had between ambitious 20-something-year-olds looking to build wealth.  These conversations often result in the blind leading the blind and after much speculation there may be some valuable knowledge

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Century City apartments : Profit margins are being squeezed

The profit margins of both developers and contractors have been squeezed in order to bring new developments to the market during the economic downturn, says Colin Green, a director of Rabie Property Group. Green says residential developments have been particularly hard hit following the downturn in the property market that most industry players started experiencing

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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

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Residential property, Cape Town : 50% of Little Moorings apartments snapped up

Nearly 50% of the 39 apartments in Little Moorings, Rabie Property Group’s latest residential development under construction at Century City, have been sold. Rabie director John Chapman said they had taken advantage of the recessionary conditions in the industry to renegotiate building contractors and this had effected significant savings which had been passed on to

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