Rabie office sold to investment trust
Rabie Property Group’s 965 square metre office suite in the Colosseum building in Century Way, Century City has been sold to an unlisted property investment trust for R20,2million. The two level, A grade office suite of Rabie, the developer of Century City, has been acquired by the Century Blue Trust which is currently focused on […]
Ashton Park Century City apartments sales top R180m
More than a year ahead of completion, buyers have snapped up 105 of the 140 Ashton Park Century City apartments, a new residential development by the Rabie Property Group. Brian Usher, manager of Property World, the specialist on- site agency at Century City, said sales to date have totalled R180million, representing more than 70% of […]
Century City offices Quays commercial precinct completed
Construction of Quays, a vibrant new commercial node comprising 39 low rise studio offices and a TriBakery restaurant in the heart of Century City, has been completed. Developed at a cost of R90million, Quays is the commercial component of a mixed-use precinct. It includes two residential developments, Quayside and Quaynorth which were also recently completed […]
Century City – a sellers’ market!
Century City residential property is tightly held with less than 1% of existing stock currently on the market. Brian Usher of Property World, the official on site estate agents at Century City, said there were now more than 3000 residential front doors at Century City with only 31 of these currently available on all agents’ […]
Oasis show apartment now available for viewing
A furnished show apartment is now available for viewing in Palm Royale the latest block in the Oasis Luxury Retirement Resort at Century City, where more than R185m of sales have been concluded five months ahead of completion. Colin Green, a director of the developers, the Oasis Joint Venture which comprises the Rabie Property Group […]
New Kenilworth office block under construction
A new 1350 m2 sectional title office block, which will enjoy panoramic mountain views, is being built as part of the second phase of the hugely successful Greenford Office Park adjacent to the Kenilworth Race Course. The two storey building is the second and largest building to be constructed in phase two which will eventually […]
Palm Royale sales soar to R170million
A flurry of sales in recent weeks has pushed total sales at Palm Royale, the third phase of the Oasis Luxury Retirement Resort at Century City, to over R170million. Owen Futeran of the developers, the Oasis Joint Venture which comprises the Rabie Property Group and a Harries Projects consortium, says five apartments had been sold […]
Shortage of built housing stock for sale in Century City
Only 38 of the almost 3000 existing residential front doors at Century City are currently on the market for resale. This represents just over 1% against a norm of around 5%-10% elsewhere, says Brian Usher of Property World, the on-site specialist Century City agents. “This is not just the resale properties we have on our […]
Palm Royale sales top R150million
Since April this year a further R50million in sales have been notched up at Palm Royale, the third phase of the Oasis Luxury Retirement Resort at Century City, bringing total sales to date to over R150million. With nine months to go until completion and transfer, 30 of the 58 sectional title apartments have now been […]
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 […]
