Ingenuity acquires 9 prime Cape Town properties for R866m
Western Cape-based, JSE- listed property investment and development company, Ingenuity Property Investments Ltd, is acquiring nine additional prime Cape Town properties for a total consideration of around R866million. Transfer is expected on 1 September 2013. These fully tenanted retail and commercial properties include five buildings in Century City, two in Claremont and two in Tokai […]
Rabie Property Administrators appointed to manage Rosmead Centre
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 […]
R35m upgrade for Tokai On Main shopping centre
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 […]
