Nearly half of all the office development taking place in South Africa right now is happening in Sandton. Sandton Central is the epicentre of this development, which includes many of the most cutting-edge, exciting and innovation new buildings on the continent.
Due for completion later this year at 50 Katherine Street, Sandton, the new Sasol global headquarters is setting a new standard for commercial property development and corporate workplace environments in South Africa.
There's no doubt that the roll-out of the Gautrain has been a success in providing safe, quick and convenient means of transport to and from the workplace, and according to the Gautrain website, since the opening of Park Station in Rosebank there has been a dramatic increase in the demand for the Gautrain and its bus services.
Most large corporates are either moving into or considering new office space based on an urgent need for greater efficiencies in building operations and management
Following an extensive commercial process Sasol has selected the Sasol Pension Fund and partner Alchemy Properties to develop and lease to Sasol a new 67,000m2 office building at 2 Katherine Street, Sandton.
So-called “standard terms” invariably mean pro-landlord terms because leases are drafted by landlords, and they’re naturally protecting their interests. You wouldn’t expect them to do otherwise
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