Sycom Property Fund steps up office investment in Western Cape

Posted On Monday, 26 May 2003 02:00 Published by Commercial Property News
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Sycom Property Fund has increased its commercial office investment in the Western Cape with the purchase of a R150-million turnkey office development in the Cape Town CBD.

Sycom Property Fund has increased its commercial office investment in the Western Cape with the purchase of a R150-million turnkey office development in the Cape Town CBD.
 
The office block will be built on a portion of the old Power Station site on the Foreshore, next door to the new Investec building and near the Cape Convention Centre.
 
Sean Kenealy Architects has designed a wedge-shaped building of 14 storeys, offering 13 841sq m office accommodation with a ground floor retail area of 16 86sq m.
 
Sonnenberg Hoffmann and Galombik Attorneys has signed a 10-year lease for about 7 000sq m with an option to increase space by another 750sq m before the completion of the project.


Publisher: The Star
Source: The Star

Last modified on Friday, 14 June 2013 22:34

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