Fortress REIT Limited, the diversified property group, has secured Vodacom as a major new tenant at its Louwlardia Logistics Park development in Centurion for a period of five-years, a major coup for the company, which also has We Buy Cars and Goldwagen Car Parts as tenants at the same facility.

Properties in security estates have become increasingly sought-after in recent years, providing a sense of safety and tranquillity that can be difficult to find in freehold neighbourhoods.

Warsaw, 8 March 2018 –JSE listed EPP (Echo Polska Properties) - the retail-focused Polish property play - today released annual results for the year ended December 2017 with distributable earnings of €76.6 million translating into distributions of 10.87 eurocents a share, ahead of previously stated guidance.

Kliptown businesses are to benefit from more than R1,5 million for remedial planned maintenance which includes painting of boundary walls and existing fences as well as cleaning services for the Kliptown Golf Course development.

Sirius Real Estate has completed the acquisition of two multi-let business parks located in Aachen and Bonn for a total consideration of €21.8 million, inclusive of acquisition costs.

Emira Property Fund has sold some of it’s non core properties and has used the proceeds to draw down on current debt facilities and to buy back its own Participatory Interest units (PI’s) in the open market in a move which will be earnings enhancing for Emira PI unit holders

The 50-hectare high-profile Meadowview Business Park offers one of the most strategically desirable locations in Johannesburg along with ample space to grow. Although the first development in the park only broke ground in June 2011, it is already attracting strong interest and has attracted to top companies: For example leading SA company General Medical Supplies (GMS) recently opened its new 6 000 sqm head office, warehouse and manufacturing facility at the prime new commercial estate.

And, GMS isn’t the only company to commit to this growing, modern business complex. Multinational supply chain company UTi Pharma seized the opportunity to develop its facility on a 61,000sqm site at Meadowview Business Park.

Hugo Stroud, director of Intaprop explains that Meadowview Business Park’s most attractive advantage is its location. It is central to Gauteng, at the London Road interchange of the N3 highway at R25 Modderfontein Road.  “This gives it superb road access, connecting to the N3, Modderfontein, OR Tambo International Airport and Greenstone retail node”. Furthermore, its loccation between Longmeadow and Linbro Park is at the epicentre of current FMCG logistics property demand.

“Meadowview Business Park also benefits from substantial office and warehousing zoning. This means it offers a range of accommodation that neighbouring areas cannot,” notes Stroud: The Park includes 250,000sqm of development ranging in size from 5,000sqm to 20,000sqm and upwards. Land can be sized to user requirements during the development stage, providing flexibility. It also offers tailor-made amalgamations of offices, laboratories, warehousing or logistics facilities for clients.

Stroud points to the high-spec, high-tech GMS facility, which Intaprop custom-built to meet the company’s needs. It benefits from Meadowview Business Park’s secure high street, landscaped business environment. For staff, it has generous on-grade parking and is close to public transport, including the Gautrain.  

Intaprop, which owns Meadowview Business Park, is a private property development and investment enterprise with a successful track record in corporate real estate development.

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