Major measures including a R18million upgrade of Sable Road are being undertaken to improve peak traffic flows at Century City.

Construction of Grosvenor Square, a new R120 million sectional title office park at Century City aimed at small to medium size owner occupiers and tenants, has started.

A strong pick-up in demand for offices in the Southern Suburbs has seen the developers push the button on the entire R80 million phase two of the Greenford Office Park development bordering the Kenilworth Race Course.

Murray & Roberts Western Cape have moved on site to start construction of a R1billion mixed-use development in the Bridgeways precinct in Century City.

Century City is undergoing a R4.3bn development boom, which will expand the live, work, stay, shop and play hub by 25%.

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 nearing completion.

More than a year ahead of completion, buyers have snapped up 105 of the 140 Ashton Park Century City apartments, a new residential development by the Rabie Property Group.

Grosvenor Square, a new sectional title office park aimed at small to medium size owner occupiers and tenants, is being launched at Century City by Rabie Property Group to meet ongoing demand in the burgeoning precinct.

Construction of Quays, a vibrant new commercial node comprising 39 low rise studio offices and a TriBakery restaurant in the heart of Century City, has been completed.

Soaring demand for hotel accommodation in Century City in recent years has increased the average annual occupancy to 73% necessitating additional hotel rooms be brought on stream, says Greg Deans, a director of Rabie Property Group, the developers of Century City.

Page 4 of 6

Most Popular

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Attacq successfully concludes two disposals

Feb 01, 2021
Attacq_CIO_ Peter de_Villiers
Attacq Limited, the JSE-listed REIT and owner and developer of the iconic Waterfall…

Please publish modules in offcanvas position.