One of South Africa’s leading office and industrial real estate consultancies, Knight Frank South Africa, has rebranded to Galetti Corporate Real Estate after concluding an investment deal with black-owned private equity business, Symmetry Capital Partners.

The South African division of leading independent global real estate consultancy, Knight Frank, has appointed John Jack as the new Chief Executive Officer.

New Property Ventures has embarked on extending and refurbishing its new Absa on Grove acquisition in Claremont, Cape Town by two floors, providing an additional 3500 m2 of A-grade office space.

Increased numbers of international investors are investigating opportunities in African real estate markets, attracted by the continent’s startling economic and demographic growth prospects.

Following the merger last year between local commercial brokerage Galetti and the world's largest independent property consultancy, Knight Frank, the new alliance has yielded positive developments, including a Knight Frank African Summit to be hosted by Galetti Knight Frank (GKF) in March.

The New Year typically signals the time when lease agreements are up for renewal.

There are opportunities for property investors and developers to achieve high returns in Africa, says head of Africa at property consultancy Knight Frank.

Galetti, one of South Africa’s foremost commercial property consultancies, has secured a formal relationship with the world’s leading independent property group – and also the African continent’s biggest player – Knight Frank