Rabie Property Group’s R1billion mixed use Century City Square development is on track for completion by February 2016.
Nedbank Corporate and Investment Banking and Rabie Property Group have joined forces to complete the Burgundy Estate residential development in Cape Town with the first two projects totalling 370 units at a cost of R400 million due to get underway.
Glacier Place, the third office block in the Santam office park in Tyger Valley which was developed by JSE- listed property investment and development company, Ingenuity Property Investments, has been awarded a Four Star Green Star Office v1 As-Built rating from the Green Building Council of South Africa (GBCSA).
The entire phase two of the Greenford Office Park in Kenilworth, comprising seven office blocks with a capital value of R95million, has now been sold or let.
Century City’s inclusion in the city’s Rapid Bus Transit system will get a further major boost with the opening of a new direct MyCiti route from Dunoon to Century City via Omuramba station and the opening of six new stations, including one in the burgeoning Century City precinct, from Saturday 1 August 2015.
Six of the seven office buildings in phase two of the Greenford Office Park in Kenilworth, have now been sold or let with strong interest being shown in the remaining block.
Buyers have snapped up 23 of the 37 sectional title offices in the R120m Grosvenor Square development nearing completion in Century City.
Rabie Property Group’s 965 square metre office suite in the Colosseum building in Century Way, Century City has been sold to an unlisted property investment trust for R20,2million.
The success of Century City continues with billions of rands of new residential, commercial and hospitality projects rapidly rising out of the ground.
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