One of South Africa’s leading office and industrial real estate consultancies, Knight Frank South Africa, has rebranded to Galetti Corporate Real Estate after concluding an investment deal with black-owned private equity business, Symmetry Capital Partners.

The South African division of leading independent global real estate consultancy, Knight Frank, has appointed John Jack as the new Chief Executive Officer.

Lease-back sales are fast gaining traction in the South African marketplace, now a preferred option for many commercial and industrial property owners and an increasingly popular component of company financial management.

Big box warehousing typical of a number of new industrial builds either in the pipeline or currently underway, are proving to be a popular choice for companies looking for efficient storage options. 

The on-going development of shopping centres and property developments continues to attract business interest in the city of Pretoria. 

JSE-listed Capital Property Fund foresaw an opportunity when it acquired Clairwood Racecourse to convert it into a warehousing and logistics park, according to Galetti Commercial and Industrial, the brokerage firm that negotiated the transaction.

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