Upgrade at Bedford Centre

Posted On Wednesday, 21 August 2002 02:00 Published by
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The new owners of Bedford Centre, an upmarket retail development in Bedfordview, have lined up R100m for the refurbishment of the centre
The new owners of Bedford Centre, an upmarket retail development in Bedfordview, have lined up R100m for the refurbishment of the centre.

Win Twice Properties acquired the centre a few months ago from property unit trust company Allan Gray Property Trust (Grayprop).

According to Win Twice Properties project manager Gareth Paul, the refurbishment is intended to enhance the centre's attractiveness to the higher end of the consumer market.

Paul says that it is not meant to compete with nearby retail developments such as Eastgate. The refurbishment is geared to give the centre 'a Hyde Park touch'.

The bulk area of the centre is to be extended by 10000m², boosting total area to 30000m². The centre also houses 18000m² of office space.

The refurbishment is scheduled to begin soon, and will be completed towards the end of next year.

Win Twice Properties is a subsidiary of PCP Equity Holdings, which is also involved in Market Square, a 13000m² new retail development in Plettenberg Bay.

Business Day


Publisher: Business Day
Source: Business Day

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