Ingenuity acquires 9 prime Cape Town properties for R866m
Western Cape-based, JSE- listed property investment and development company, Ingenuity Property Investments Ltd, is acquiring nine additional prime Cape Town properties for a total consideration of around R866million. Transfer is expected on 1 September 2013. These fully tenanted retail and commercial properties include five buildings in Century City, two in Claremont and two in Tokai […]
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, […]
Civils contract to unlock Century City land for development
Civil work is set to start on an 8 hectare site at Century City – the largest remaining undeveloped tract of land in the precinct – to unlock a number of land parcels for development. The R8,2million civils contract has been awarded to Neill Zaaiman Civils which will move on site next week. The first […]
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 […]
