Spire Property Management has taken over the management of  The Muize shopping centre in Muizenberg, Western Cape.

The Cape Quarter, the flagship property within the Tower Property Fund portfolio, has recently undergone a lighting retrofit as part of a greening transformation planned for the centre.

The Tower Property Fund has purchased the DeVille Shopping Centre in Durbanville at a cost of R226 million.

The Cape Quarter, the flagship property within the Tower Property Funds portfolio, is set to soon undergo an extensive greening transformation as part of the funds greening and occupancy cost reduction strategy.

Tower Property Fund strategy leads to reduced vacancies and pleasing results

The landmark Cape Quarter Lifestyle Village, situated in Green Point in Cape Town, has recently undergone several changes and has experienced rapid regeneration through the efforts of managing agents Spire Property Management and the owners of the building, the Tower Property Fund.

The Cape Quarter has experienced rapid regeneration and is set for a bumper festive season, with an exciting line up of events taking place over the coming weeks.

Spire Property Management has been appointed to manage the entire portfolio of properties within the Tower Property Fund, which listed on the JSE in July as the first fund under the Diversified REITs sector.

Sean Paul has been appointed as Managing Director of Spire Property Management.

The retailer has developed two new stand-alone retail centres in Chatsworth, KwaZulu-Natal and in Little Falls, Roodepoort, Johannesburg.