Rabie Property Administrators (RPA) is to retain the management of nine prime Cape Town properties Ingenuity Property Group is acquiring in a R866m deal from the privately held Century City Property Investment Trust (CCPIT).
Palm Royale, the third and by far the most luxurious high rise block of apartments at the Oasis Luxury Retirement Resort at Century City, has seen a burst of activity in recent weeks with sales to date now topping R106million.
Growthpoint Properties and the Rabie Property Group are to jointly develop a 18 700 square metre office project in Century City to meet the burgeoning demand for offices in the precinct.
Over 72% of the 39 units in the Quays, an exciting new boutique commercial development under construction at Century City, have been sold or reserved since its launch late last year.
Waterberry, the first phase of Ashton Park, a new R245million residential development to be developed at Century City by the Rabie Property Group, is to be officially launched on 21 February.
Quays, an exciting new boutique commercial development providing smaller office users the opportunity to purchase in Century City, has been notching up strong sales since its recent launch.
Ashton Park, a new residential development at Century City comprising 138 apartments and seven villas, is to be launched by the Rabie Property Group shortly.
Cranes are back on the skyline at Century City with new developments totalling more than R1billion under construction and more in the pipeline.
The deVere Group, a leading global financial consultancy group, is expanding its Cape Town office and has taken a five year lease over the office suites in the five star Crystal Towers mixed use development in Century City.
At a time when many construction companies are struggling and downsizing, Big Ben Construction, a niche operator based at Century City, has not only survived but has more than tripled its turnover

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