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, […]
Big Ben Construction has a full order book
At a time when many construction companies are struggling and downsizing, Big Ben Construction, a niche operator based at Century City, has not only survived but has more than tripled its turnover. Managing Director Colin Ridley said Big Ben Construction has committed contracts totalling around R280million in the pipeline and they were working to full […]
Construction of Kenilworth office blocks gets underway
Almost 12 years after the first phase was completed, construction of the first three buildings in the second phase of the low rise Greenford Office Park adjacent to the Kenilworth Race Course is underway. Phase One of the sectional title office park, which is surrounded on three sides by a nature reserve and enjoys spectacular […]
Century City office blocks snapped up
Commercial property investors are returning to the market and have snapped up three Century City office blocks for a total cost of more than R75million in the past couple of months. John Chapman, a director of Rabie Property Group, said an unlisted property fund had acquired two buildings for a total of just under R52million […]
Chevron South Africa to build new HQ at Century City
Chevron South Africa plans to relocate its South African headquarters to Century City. The group has acquired a gateway site at Century City from the Rabie Property Group on which it is to build a new 9000 square metre green head office. The building is being designed by Louis Karol Architects who were up against […]
Century City outperforms office market
The latest SAPOA office vacancy survey shows that while vacancies in six out of the seven Cape Town offices nodes rose in the fourth quarter of 2011, Century City bucked the trend with vacancy levels falling to 8,5% from a high of 12,9 percent in August 2009. The Cape Town office vacancy factor overall rose […]
Century City apartments : New water-fronting homes launching soon
Quayside, a new residential development at Century City comprising 63 apartments including six semi-detached homes, is to be launched on November 10 to meet the burgeoning demand for waterside living in the precinct. Being developed by Rabie Property Group at a total cost of around R95million, Quayside is the first large development to be launched […]
Century City residential sales top R60 million in 3 months
Residential sales at Century City have picked up strongly with total sales of more than R60,8 million being recorded since July 1 this year. Brian Usher, sales manager of Property World, the official on-site agents for Century City, said these sales included 26 developer sales totalling R43,8million and 12 resales totalling just under R17 million. […]
Century City offices : New sectional title offices for Century City
A new block of prime sectional title offices is to be built at Century City at a cost of R37 million to meet pent-up demand for small to medium size offices in the precinct. The 2200 square metre building, to be known as The Courtyard, will comprise 18 units ranging in size from 63 square […]
Century City residential : Tamarin closes 14 residential sales in July!
Property sales at Century City have continued to pick up with 22 residential properties being sold by Property World, the official on site agency, in July alone. Of these, 12 were development sales and 10 resales. This brings to 88 the number of sales confirmed by Property World since the start of the year which […]
