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 […]
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 […]
Development constraints will push up prices
The development sector is going to be hard-pressed to respond rapidly to improved demand for new commercial or residential stock when the market picks up which will lead to stock shortages and an inevitable increase in property prices, warns Colin Green, a director of Rabie Property Group. He says the current downturn in the global […]
