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We are thrilled to announce that we have opened a new office in Stellenbosch.
The continued strong take up of offices at Century City has seen almost all new stock being mopped up and overall vacancies dropping to 7,4% in April from just under 10% in January this year and 12,1% in the fourth quarter of last year.
Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant retail malls and which recently internalised its management team, has reported net property income growth of 74,6% for the six months ended 28 February 2017.
A new development of 16 300 square metres of premium grade offices, which will include new regional offices for Discovery, is to be built on a prime gateway site at Century City.
Atterbury has won the fiercely contested tender to develop a new Gauteng office for Deloitte in South Africa after an intense selection process by the leading professional services firm.
Although there is increased demand for space from international occupiers across Sub-Saharan Africa, these occupiers are looking for smaller but high quality floor spaces.
Located to the northwest of the Nairobi CBD, office developments in Westlands recorded average rental prices of $13.60/m2, with a 74% average occupancy rate in 2016 due to increased completed office developments under the letting process in 2015/2016.
Post-holiday gloom, the 3pm slump, stiffness from sitting down all day, annoying colleagues… whatever the cause, everybody experiences a lag in productivity in the workplace from time to time.
"GTC delivered solid results in 2016, several value accretive acquisitions and completions of office projects contributed significant to NAV and NOI growth.
JSE listed Echo Polska Properties (EPP) - the leading Polish property group - today released maiden annual results for the period to December 2016 ahead of forecast, with distributions of 3,14 euro cents a share for the period 1 September to 31 December 2016 beating the pre-listing forecast by 2,2%.