n Malls in the Cape's Tygerberg area will face stiff competition with
the proposed development of two centres in Brackenfell and Paarl.
Capegate, a 33 000sq m shop-ping complex, is planned to open 12km
from Tyger Valley, while the 35 000sq m Paarl Mall will have the
potential to expand to 70 000sq m.
n JHI Real Estate has been appointed by Redefine Income Fund to
manage a R205-million commercial portfolio.
Andrew Teixeira, property management director of JHI Real Estate,
said the portfolio has seen tremendous growth since it was listed on
the JSE.
He said the trend to out-source the property management function was
continuing, as more property owners realise the long-term benefits of
focussing on core business rather than property management-specific
functions.
Publisher: The Star
Source: The Star
n Malls in the Cape's Tygerberg area will face stiff competition with the proposed development of two centres in Brackenfell and Paarl.
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