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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 residential sales at five year high!

Century City residential sales secured by Property World, the official on-site agents for the developer Rabie Property Group, in the first eight months of the current financial year totalled more than R242 million – the highest level recorded in five years and almost double that of the previous year. Allen Usher of Property World said […]

Century City residential : High demand for rental units sees return of investors

Demand for residential units to let at Century City has continued to soar with buy-to-let investors returning to the market on the back of shortage of rental stock. Two of the main letting agents, Property World and Property Café, ascribe the popularity of the precinct to the growing commercial component at Century City with over […]

New Century City land release offers rare opportunity for owner occupiers

A rare opportunity for small developers and owner occupiers looking to develop or build their own offices at Century City is to be brought to the market shortly by the Rabie Property Group. Park Lane, a new 11 000 square metre office park, will offer purchasers a total of 16 serviced erven in a park-like […]

Now’s the time to develop your own office building

The time may never be better than the present for tenants or owner occupiers to develop new commercial premises, says Colin Anderson, a director of Rabie Property Group. Anderson says banks are starting to relax their lending criteria and interest rates are at the lowest they have been for 31 years. “The lower interest rate […]

Cash buyers underpinning Century City market

Cash buyers have been underpinning the residential property market at Century City during the current downturn, says Rob Downey of Property World, the official on-site estate agency for Century City developers, Rabie Property Group. He said over 50% of Property World’s 120 residential sales at Century City during the financial year to end June had […]

New green offices for Aurecon

An artist impression of Aurecon A new 7000 square metre “green” regional office block will be built at Century City for Aurecon, an engineering, management and specialist technical services group formed through the merger of leading engineering consultancies, Africon, Connell Wagner and Ninham Shand. Being developed by Rabie Property Group at a cost of R150million, […]