Century City residential : Tamarin closes 14 residential sales in July!
Property sales at Century City have continued to pick up with 22 residential properties being sold by Property World, the official on site agency, in July alone. Of these, 12 were development sales and 10 resales. This brings to 88 the number of sales confirmed by Property World since the start of the year which […]
Kenilworth offices : New R80million sectional title office park for Kenilworth
A second phase of the extremely successful Greenford Office Park adjacent to the Kenilworth Race Track is to be built at a cost of just over R80million. Surrounded on three sides by a nature reserve and enjoying spectacular mountain views, the site is the last remaining one for development in the area where there is […]
Property Administration : Meet the RPA Team
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 […]
Ratanga Junction donates R150 000 to Sinenjongo High School
As part of its extensive Corporate Social Investment programme, Ratanga Junction has donated R150 000 to Sinenjongo High School in Joe Slovo Park, Marconi Beam down the road from Century City. This is the second year the theme park has made a donation of this size to the school with the funds going towards the […]
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 […]
Century City offices : Moore Stephens SA relocates to Century City
Accountancy firm Moore Stephens BKV Inc. has relocated to Century City, taking just under 2000 square metres in The Gateway office block on a long lease. Moore Stephens BKV Inc. has been operating since 2003 and is part of the Moore Stephens International Association (MSI), one of the world’s major accounting and consulting networks with […]
Century City offices : Where are we in the property cycle?
Giles Balmer of Rabie Property Group shares with us his amateur’s guide to the commercial property cycle. Is the property market currently in a state of flux? Are we still in a recession? Are the banks still professing a recovery (yet their vaults are seemingly still bolted shut)? And are we still heading into double […]
Lack of zoned land will hinder an upturn
Zoned land with development rights is becoming increasingly scarce and the rezoning process increasingly more complex and time consuming which will make it difficult for developers to respond quickly to an upturn in the market, warns Colin Green, a director of Rabie Property Group.
Residential property, Cape Town : 50% of Little Moorings apartments snapped up
Nearly 50% of the 39 apartments in Little Moorings, Rabie Property Group’s latest residential development under construction at Century City, have been sold. Rabie director John Chapman said they had taken advantage of the recessionary conditions in the industry to renegotiate building contractors and this had effected significant savings which had been passed on to […]
Two Rabie projects shortlisted for SAPOA Award
Two residential projects by the Rabie Property Group – Waterstone at Century City and Citadel Constantiaberg in the southern suburbs – have been shortlisted for a 2010 SAPOA Award for Innovative Excellence in Property Development. The R400m Waterstone development comprises three components which are all accessed off Waterstone Square, a formal palm-lined bricked piazza with […]