“The building has already attracted major international companies. Recently leases with Fox International Channels Africa (the television network) and Universal Music have been concluded” comments Justin Blend of Africrest Properties.
Some of the other tenants in Design District include - Trace TV, SA Fashion Week and The Loerie Awards. There is still some vacant space available to rent (including a spectacular triple volume space) and demand has exceeded all expectations.
Randall Abrahams, CEO of Universal Music said “it is energizing to tenant a building where all your neighbouring tenants are in the creative space. Working with Africrest Properties has been a pleasure and the move has gone smoothly considering the very tight time frames and the building’s revamp”
Alessandro Tucci SVP and GM of Fox International Channels Africa appreciated the location, specifically being close to all the amenities of Rosebank including hotels and the Gautrain, the environment is perfect for a business of our nature.
Nick Katsapas of Africrest Properties comments that “we are aggressively growing our portfolio through the acquisition of buildings where we can add value through efficient hands on asset management and where necessary renovate buildings when the opportunity presents itself”.
Africrest’s portfolio consists of office, retail and industrial properties in high growth areas.
