Strong residential sales prompt further new development at Century City
Strong residential sales in Century City over the past 15 months, have far exceeded expectations and are prompting further new development. Miguel Rodriques of the Rabie Property Group said more than 90% of the 57 water fronting apartments and six double storey townhouses at their Quayside development had been snapped up seven months ahead of […]
R1bn in new developments underway at Century City
Cranes are back on the skyline at Century City with new developments totalling more than R1billion under construction and more in the pipeline. John Chapman, a director of Rabie Property Group, said Century City had continued to outperform the office market generally and while many other nodes were showing a significant increase in office vacancies, […]
Sinenjongo’s Valedictory Celebrations
c which Rabie adopted as the major beneficiary of its CSI programme five years ago, held its 2012 Valedictory Celebration in the Joe Slovo Park community hall on Saturday 13 October. There was hardly a dry eye in the house as learners who had excelled in either academic or non-academic areas were rewarded with certificates […]
Century City offices for DeVere
The deVere Group, a leading global financial consultancy group, is expanding its Cape Town office and has taken a five year lease over the office suites in the five star Crystal Towers mixed use development in Century City. The first floor office suites provide a total of 1271 square metres of AAA grade offices and […]
R255m Palm Royale luxury retirement block goes ahead
Palm Royale, a new R255million sectional title apartment block, is to be built as part of the award-winning Oasis Luxury Retirement Resort at Century City. The go-ahead follows the achievement of pre-launch sales of close to R100million, the near sell out of the first two apartment blocks and the recent acquisition of a 50% stake […]
Dance spectacular for Sinenjongo
Sinenjongo High School in Joe Slovo Park, which is the major beneficiary of Rabie’s Corporate Social Investment programme, held its matric dance at the Italian Club last weekend. Thanks to the fund raising efforts of the matric dance committee, the cost of tickets was kept as low as possible allowing more learners than previously to […]
Big Ben Construction has a full order book
At a time when many construction companies are struggling and downsizing, Big Ben Construction, a niche operator based at Century City, has not only survived but has more than tripled its turnover. Managing Director Colin Ridley said Big Ben Construction has committed contracts totalling around R280million in the pipeline and they were working to full […]
Century City offices now launching
The Quays, an exciting new boutique commercial development providing smaller office users the opportunity to purchase in Century City is to be launched by the Rabie Property Group. The development will comprise 39 low rise studio offices ranging from 41m2 to 228m2 , excluding balconies, and priced from around R800 000, ex VAT. Occupation is […]
Rabie acquires 50% in Oasis Joint Venture
Rabie Property Group has acquired from ArrowCreek a 50% stake in the Oasis Joint Venture which is developing the award-winning Oasis Luxury Retirement Resort at Century City. Rabie, together with its Joint Venture partner, the Harries Consortium, are to continue with the development of the resort to realise its full potential. The initial Joint Venture […]
Construction of Kenilworth office blocks gets underway
Almost 12 years after the first phase was completed, construction of the first three buildings in the second phase of the low rise Greenford Office Park adjacent to the Kenilworth Race Course is underway. Phase One of the sectional title office park, which is surrounded on three sides by a nature reserve and enjoys spectacular […]