Rabie Property Administration portfolio set to soar to R7bn
Rabie Property Administration’s portfolio under administration will shortly exceed R7billion – a growth of more than 40% since December 2014. Director Leigh Metcalf says that since December last year the portfolio has grown by R700million and will shortly be further boosted by the addition of five new office and retail buildings that have recently been […]
RPA to manage new Ingenuity properties
Rabie Property Administrators (RPA) is to retain the management of nine prime Cape Town properties Ingenuity Property Group is acquiring in a R866m deal from the privately held Century City Property Investment Trust (CCPIT). JSE- listed property investment and development company, Ingenuity, announced last week that all the conditions for the acquisition had been fulfilled […]
Fundamental Software lets Greenford office block
Fundamental Software, a financial services information technology company, has signed a three year lease for Block C in the low rise Greenford office development in Kenilworth. The stand alone office block offers 555 square metres over two levels and is one of 19 office blocks in the 10 000 square metre first phase of Greenford which […]
Rabie Property Administrators appointed to manage Rosmead Centre
Rabie Property Administrators (RPA) has acquired the management contract for the Rosmead Shopping Centre in Kenilworth bringing their portfolio under management to more than R3,8billion and a total GLA of just under 300 000 square metres. The convenience centre in Rosmead Avenue comprises around 3800 square metres of retail space and 2000 square metres of […]
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 […]