At the cutting-edge of property services, Gensec will be the managing agents for the retail and business portion of Icon, a multi-use development based in Cape Town, launching in September.

Icon is 100 per cent BEE owned and developed by COESSA Development Consortium (Pty) Ltd. Gensec will manage 1800m2 of retail and 5290m2 of commercial space, leasing from R95m2.

Situated on the Foreshore, in the financial precinct the development is well positioned in the CBD near the International Convention Centre and Theatre and is a five-minute walk to the V&A Waterfront.

Surrounded by hotels, national and multi-national corporations with easy access from the city centre, and both major highways, Icon combines the best of both worlds, set against the backdrop of Table Mountain with breath-taking sea views and close proximity to Clifton and Camps Bay beaches, golf courses and the airport.

"Multi-use developments are the trend at present as they provide a complete offering of residential, retail and commercial facilities to accommodate the executive lifestyle.

It is an integral part of the CBD development to bring life and energy back into the old city. With 24-hour security, a retail mix of shops, restaurants, gyms and other services and its prime location, Icon is the ideal environment to live, work and shop," says  Shubashnee Story, Gensec Cape Town

Apartments are fully equipped with all modcons and upmarket finishes for ambient appeal. The main residential area, wraps around a generous, open and central space to maintain the structure's aesthetic quality, while the office and retail areas are built around an atrium.

Complementary to the 24/7 lifestyle combination of retail, commercial, residential there will extra parking for the CBD with two levels underground and four levels from ground and up.

"The development is in the final stages, and we are confident that we will maintain optimum occupancy rates to ensure that it continues to perform into the future," Story adds.