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 …
Rabie Property Administration portfolio set to soar to R7bn Read More »
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 …
The second phase of the Pinehurst Convenience Centre in Durbanville, comprising a 1200 square metre Foodlovers Market, has now been completed. The shopping centre, phase one of which opened in December last year, has been developed at a cost of R100million as part of the new northern areas residential development of Garden Cities, the non-profit …
Planning is underway to transform the 20ha River Club property in Observatory into a major commercialised recreational hub. Indigo Properties, which redeveloped the hugely successful Biscuit Mill and Woodstock Exchange in the neighbouring suburb and the innovative and popular Daddy Hotels, recently acquired the company that holds the long lease over The River Club. Rabie …
Major refurbishment of The River Club gets underway Read More »
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, 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 …
Fundamental Software lets Greenford office block Read More »
Three leases for a total of just under 700 square metres have been signed in the Aintree Park office park in Kenilworth n the past few months. Nicola Villarini of Rabie Property Administrators, which has managed the 5900 square metre development since 1999, said interest had recently picked up in Aintree Park and they expected …
Three neighbouring industrial buildings in Albert Road Woodstock are being redeveloped into a trendy, upmarket mixed-use complex to be known as The Woodstock Exchange. The three buildings were acquired late last year at a cost of R20,5million by Dormell Properties which was also behind the redevelopment of the hugely popular Old Biscuit Mill which is …
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 appointed to manage Rosmead Centre Read More »
The proper financial management of sectional title body corporates is likely to come under increasing scrutiny by mortgage lenders making it difficult for purchasers to raise finance to buy into badly managed complexes. Kim Pistor, conveyancing manager of Rabie Property Group, says some banks are already doing so with purchasers finding it difficult to raise …
A R35million upgrade and redevelopment of the Tokai on Main Shopping Centre in Main Road, Tokai which includes a new, state-of-the-art 3500 square metre Food Lovers Market, is nearing completion. Colin Anderson, a director of the Rabie Property Group, said the building work had been completed and final touches were now being done. He said …
The South African Council of Shopping Centres initiated the Special Star Awards seven years ago to create a platform to honour and recognise those retailers and service providers who have provided an exceptional level of customer service and who have contributed to the success of the shopping centre industry. Woolworths food, the anchor tenant at …
Woolworths at Palmyra Junction clinches top retail award Read More »
Rabie Property Administrators (RPA), a wholly owned subsidiary of Rabie Property Group, now has a portfolio under administration of more than R3,5 billion which is managed by a dynamic, multi-skilled team of 15. The team includes: Leigh Metcalf, a director Leigh started her career in the property industry in the United Kingdom with Prudential Property …
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 …
Rabie Property Administrators’ portfolio grows to R3,5 billion Read More »
