New Kenilworth office block nears completion
A new 800 m2 office block, which forms part of the second phase of the hugely successful Greenford Office Park adjacent to the Kenilworth Race Course, is nearing completion. The two storey building, which offers a mix of basement parking and open bays on a ratio of four per 100 m2 ,is one of seven […]
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 […]
Century City office blocks snapped up
Commercial property investors are returning to the market and have snapped up three Century City office blocks for a total cost of more than R75million in the past couple of months. John Chapman, a director of Rabie Property Group, said an unlisted property fund had acquired two buildings for a total of just under R52million […]
Century City sectional title offices sold out
All 18 office suites in a sectional title office block at Century City have been sold ahead of the building being completed. The 2200 square metre building is part of the 18 000 square metre Central Park low rise office park which is being developed around a village green. Sedica Knight of the developers, Rabie […]
Central Park third phase launching soon
The third and final phase of Central Park, an 18 000 square metre low rise office park situated around a village green at Century City, is to be launched shortly. This follows the successful completion of the first two phases of the development comprising 10 standalone buildings totalling around 12 000 square metres . Giles […]
Century City outperforms office market
The latest SAPOA office vacancy survey shows that while vacancies in six out of the seven Cape Town offices nodes rose in the fourth quarter of 2011, Century City bucked the trend with vacancy levels falling to 8,5% from a high of 12,9 percent in August 2009. The Cape Town office vacancy factor overall rose […]
Century City offices : New sectional title offices for Century City
A new block of prime sectional title offices is to be built at Century City at a cost of R37 million to meet pent-up demand for small to medium size offices in the precinct. The 2200 square metre building, to be known as The Courtyard, will comprise 18 units ranging in size from 63 square […]
Gatehouse at Century City proves to be runaway success
The Gatehouse, a 3000 square metre, triple-A grade sectional title office block on a gateway site at Century City, has proven to be a runaway success.
Sedica Knight of developers Rabie Property Group said 21 of the 23 sectional title offices in the three-storey office building had been sold while the two units retained by the developer had been let.
“Three of the units were sold to owner occupiers and the other 18 to investors who have been capitalizing on the current low interest rates.