Property April 2025

THE GREEN REVOLUTION

REIMAGINING RETAIL AND HOSPITALITY SPACES

THE NEXT BIG OFFSHORE INVESTMENT

INDUSTRIAL DEVELOPMENT

FUTURE-FOCUSED

Contents

7 OFFSHORE INVESTMENT

In this age of constant change, the stability of bricks and mortar is especially appealing, and property investment remains a solid foundation for economic prosperity even in such tumultuous times.

1O

FINANCE AND INVESTMENT

What you need to know about property and taxes, offshore investment, new nancial products, alternative nancing models and technology that continues to shape the sector.

14 ADAPTIVE REUSE

Repurposing old buildings is more than a trend; it’s a necessity in South Africa’s evolving urban landscape. We highlight how innovation, sustainability and economic shifts are driving the transformation of old spaces into new, functional and vibrant developments.

15 OFFICE CULTURE

While the hybrid of ce model has been heavily discussed from the perspective of exibility and business ef ciency, its deeper impact is often overlooked: the transformation of of ce spaces into vibrant culture hubs that go beyond just functional workspaces.

17 PROPERTY

MANAGEMENT

We chat about the hidden perils of building insurance and unpack sustainability in urban development – buildings are becoming more eco-conscious, offering features that reduce environmental impact while enhancing the quality of life for occupants.

18 MEDICAL REAL ESTATE

We explore the burgeoning medical development sector in South Africa, examining how investors, developers and healthcare professionals are seizing opportunities in this niche market.

22 INDUSTRIAL DEVELOPMENTS

An evolving industrial landscape calls for new kinds of commercial spaces.

24 STUDENT HOUSING

Student housing is no longer just a place for students to sleep. Today, modern student accommodation includes lifestyle features, academic support and a sense of community.

27 RETAIL

While online shopping is increasing rapidly in South Africa, the experience offered by brick-and-mortar stores can never be replicated – the omnichannel offering. 14

31 HOTEL DEVELOPMENTS

South Africa’s hotel sector is transforming, driven by evolving traveller preferences, economic shifts and technological advancements. From luxury lodges to budget-friendly stays, the industry is adapting to meet new demands.

37 MIXED-USE DEVELOPMENT

We explore how the future of urban living may well exist beyond the fringes of what we think of as cities today.

43 RESIDENTIAL

Unpacking the key trends in the residential sector that are driving property sales.

46 BUYING OFFSHORE RESIDENTIAL PROPERTY

South Africans with the means are diversifying their investment portfolios by investing in properties overseas – but is it as simple as it sounds?

FUTURE-FOCUSED

The changing landscape of property investment

The South African property sector is in a dynamic phase of transformation with both residential and commercial markets showing resilience and innovation. Despite economic challenges, property investment remains a stronghold, offering stability in uncertain times. From adaptive reuse projects to mixed-use developments, the industry is responding to shifting demands with forward-thinking solutions.

A NEW ERA FOR PROPERTY INVESTMENT

Bricks and mortar have long been considered a foundation for wealth creation and today’s property landscape continues to evolve. Investors are not just looking at traditional real estate options, but are also exploring offshore opportunities, alternative nancing models, and tax-ef cient strategies. In this issue, we unpack key nancial insights, including tax considerations, offshore investments and new nancial products that are shaping the property sector.

URBAN TRANSFORMATION

As cities grow and space becomes a premium, adaptive reuse is playing a crucial role in South Africa’s urban evolution. Old buildings are being repurposed into vibrant, functional spaces, blending history with modern utility. This shift is not just about aesthetics; it’s about sustainability and economic ef ciency. Similarly, mixed-use developments are rede ning how we live, work and play, blurring the lines between residential, retail, and commercial spaces.

READ

What’s in store for South Africa’s residential property market in 2025?

THE FUTURE OF WORK AND LIFESTYLE SPACES

The hybrid work model has reshaped the way businesses operate, but it’s also transforming of ce spaces into culture hubs. No longer just places for productivity, today’s of ces are designed to foster collaboration and creativity. Meanwhile, student housing is evolving beyond simple accommodation – modern residences now offer lifestyle amenities, academic support and a strong sense of community.

SUSTAINABILITY AND SMART PROPERTY MANAGEMENT

Eco-conscious developments are becoming the norm with sustainable buildings integrating energy-ef cient technologies and environmentally friendly designs. Property management is also seeing a shift, with arti cial intelligence-driven solutions streamlining operations, enhancing security and reducing costs. As we explore urban sustainability in this issue, we also dive into the complexities of building insurance and what property owners should be aware of.

Raina Julies

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OFFSHORE PROPERTY INVESTING: THE INS AND OUTS

Offshore property investment is growing. What should potential investors know about international markets, risks and rewards? THANDO PATO speaks with the experts to find out

WHY IS THERE A GROWING APPETITE?

Offshore property investment is a growing trend among local investors, says Jenny Ellinas , founder and CEO of Cypriot Reality, a full-service company that assists with offshore property investments. Why?

“At the top of the list is the volatility of the rand and the economic uncertainty facing South Africa. So, many investors are now looking to diversify their investment options through offshore property, not only as a way to secure an investment in a foreign market with a stable currency, but also to earn additional income in a foreign currency through short- or long-term rental.

“Offshore property investments, depending on the country, come with residency permits that offer a gateway to travel, immigration and an opportunity for your children to study abroad. It’s also optimal legacy planning because many countries in Europe don’t have estate tax upon death, unlike in South Africa where your estate is taxed twenty-eight per cent,” she explains.

A brick-and-mortar investment is still very lucrative for many investors entering the European market, she says, and is driven in part by Golden Visa programmes introduced by popular destinations, such as Mauritius, Spain, Portugal, Malta, Italy, Canada, Cyprus and Greece, which offer fast-tracked full-residency permits upon asset or property investment.

“However, Spain and Portugal have, since 2024, restricted offshore property investment due to a high influx of investors. This has led to skyrocketing property prices and housing shortages affecting local residents,” says Ellinas.

GOLDEN VISA PROGRAMMES

Some European countries offer offshore property investment with a residency programme.

C yprus requirements: a minimum investment of €300 000.

Greece requirements: a minimum investment of €800 000 in prime areas and €400 000 in low-density areas. Malta requirements: a minimum investment of €375 000 or rental of €14 000 annually.

Craig Warwick, regional account manager, Africa at API Global, says the United Kingdom (UK) is also a popular market for local investors. “Southern African investors are looking at the UK primarily because it offers a strong property investment case and with a future view for children or grandchildren studying in the UK further down the line. Considering what the accommodation costs would be for their children in the UK in the future, locking in the value of a UK property now puts them in good standing,” he explains. Warwick says investing in the UK is particularly beneficial now because of the growing housing demand in high-growth cities such as London, Manchester and Birmingham. “In the UK, stock is always limited, giving landlords better occupancy rates, overall rental yield growth and asset appreciation,” he says.

WHAT INVESTORS NEED TO KNOW

While offshore property investment has many advantages, potential investors must be prudent, says Ellinas. Some of the potential

risks investors face include ongoing currency fluctuations and fraud. “It’s important to do your due diligence and work with a partner/ agency/company that is fully vetted, has a good reputation, understands the market and is in the best position to give you the full picture so you understand what is required financially and legally in the market you want to invest in and in South Africa. Also don’t buy a property without inspecting it in person. Visit the country to inspect the property and the area and ask plenty of questions. Most importantly, be clear about your needs and possible future plans,” she says.

Warwick adds: “For investors interested in the UK, the most notable risk is buying in the wrong location.” For investors looking to rent their asset, he advises: “Tenant profile and tenant demand are the cornerstones of any property investment. It’s about getting the area, property design, property styling and amenities right to attract the best tenants.

“It is also critical to get the financial structuring right from the outset. Our mortgage team assists all clients with the best possible and most suitable mortgage structures. This allows our clients to be in a cash-positive position from the outset.”

“INVESTING IN THE UK IS PARTICULARLY BENEFICIAL NOW BECAUSE OF THE GROWING HOUSING DEMAND IN HIGH-GROWTH CITIES.” – CRAIG WARWICK

Follow: Jenny Ellinas www.linkedin.com/in/jennyellinas

Craig Warwick www.linkedin.com/in/craig-warwick-1282a019

Jenny Ellinas

CYPRUS IS JOINING THE SCHENGEN

Cyprus is due to join the Schengen Area by the end of the year, finalising a significant milestone in its final integration with Europe, writes CYPRIOT REALTY

Cyprus is a stunning English-speaking Mediterranean country known for its rich history, beautiful beaches and vibrant culture. As a European Union (EU) member, it offers a high quality of life, favourable tax benefits and a strong real estate market. Being an ex-British colony, Cyprus is an attractive destination for investors, expatriates and travellers alike.

Cyprus’ inclusion in the Schengen Area finalises a significant milestone in its integration with Europe. This is expected to bring numerous benefits, particularly enhancing the appeal of Cyprus’ Permanent Residency programme. Renowned for its cost-effectiveness and desirability, this programme is set to become even more attractive to global investors and expats.

• Boosted tourism: with over 400 million people in the Schengen Zone, Cyprus will attract a larger pool of tourists who can visit without visa restrictions. Property investors will benefit from increased tourist bookings and enhanced rental yields.

• Economic growth: multiple sectors (including hospitality, retail and services) will experience higher demand. This increases Cyprus’ desirability as an attractive destination for long-term tenants looking to settle.

BEING

AN EX-BRITISH

PROPERTY INSPECTION TRIPS

We arrange personalised property inspection trips, allowing you to visit Cyprus, explore real estate opportunities and experience the lifestyle first-hand. We also co-ordinate meetings with taxation and legal experts, guiding you through every step of the process with full support and expertise.

• Seamless travel for residents: your Cyprus permanent residency card will allow 90-day visa-free entry to all 27 EU countries making travel across Europe more convenient.

• Growing demand for permanent residency: rising foreign investment will drive property values upward, making real estate in Cyprus an even more lucrative asset.

CYPRUS’ PERMANENT RESIDENCY PROGRAMME: A PREMIER CHOICE

As permanent residency programmes across Europe become more restrictive or significantly more expensive, investors have fewer options than ever before. In recent years, we’ve seen major changes with Portugal, Spain and Ireland closing their programmes, Greece increasing the minimum investment amount, Malta requiring proof of assets and even Australia eliminating its Golden Visa programme.

But Cyprus is still open! Cyprus has been recognised for offering the best permanent residency programme in Europe, attracting significant investment into its thriving economy.

COLONY, CYPRUS IS

AN

ATTRACTIVE DESTINATION FOR INVESTORS, EXPATRIATES AND TRAVELLERS ALIKE.

CYPRUS’ SCHENGEN MEMBERSHIP BENEFITS

The three key bene ts of investing in Cyprus include:

• Securing permanent residency through property investment as a reliable Plan B.

• Enjoying an exceptional Mediterranean lifestyle.

• Gaining peace of mind in a secure and stable investment environment.

1. Your Plan B

As one of Europe’s last remaining residency programmes, opportunities to secure permanent residency are becoming increasingly rare. Cyprus’ programme extends eligibility to two generations within the same family, including dependent children up to age 25. Residency approval takes less than a year, yet the status is permanent for life, with no need for renewal. Additionally, residents are not required to live in Cyprus to maintain their status. Cyprus permanent residents also have the right to apply for citizenship through naturalisation after meeting the country’s physical presence requirements.

2. The lifestyle on offer

It’s easy to fall in love with Cyprus, where a rst-world lifestyle seamlessly blends with the charm of an authentic Mediterranean island. However, it’s the exceptional quality of life that is attracting investors in large numbers,

making Cyprus a top choice for relocation. As a former British colony, language is never a barrier – English is spoken widely, and all of cial documentation is in English. With its relaxed, stress-free atmosphere and family-friendly environment, Cyprus offers an ideal setting for those seeking a better way of life.

3. A safe investment destination

Cyprus is consistently ranked among the safest countries in the world, providing a secure and stable environment for real estate investment. Property sales to international buyers continue to rise, particularly in the island’s western regions, while signi cant infrastructure development and vast natural gas reserves are driving substantial investment into the economy.

ACT NOW BEFORE PRICES RISE – LIMITED TIME TO INVEST

With Cyprus set to join the Schengen Zone, demand for permanent residency is surging, creating increased buyer competition, a limited housing supply and a likely rise in the minimum investment threshold.

• Higher demand, rising prices: as residency in Cyprus becomes even more desirable, property values are expected to increase signi cantly due to heightened demand.

• Investment threshold likely to increase: currently, Cyprus’ permanent residency programme requires a minimum real estate investment of €300 000, but with Schengen membership, the government is likely to raise this threshold.

• Secure your residency before costs rise: delaying your investment could mean higher prices and fewer choices. By acting now, you can take advantage of current market conditions, lock in your residency, and invest before prices soar.

YOUR TRUSTED PARTNERS

We are renowned as offshore investment experts, successfully managing property transactions in Cyprus to secure permanent residency, facilitate property investment, support immigration and retirement/relocation plans and assist with launching EU-based businesses. We internationalise our client’s wealth and understand investors’ needs.

We provide a comprehensive, tailored service with a proven track record – we have had the privilege of assisting hundreds of investors and families over the past 17 years. We highlight the diverse property opportunities in Cyprus, offering our clients access to an exceptional lifestyle and a thriving and stable economy, and the chance to live and invest in one of the world’s safest countries.

Along with our vast network in Cyprus, our true value lies in helping clients find their ideal property: whether an apartment, townhouse, seafront villa, estate villa or stand-alone home. Additionally, we offer assistance in renting properties both to long-term tenants and short-term holidaymakers. Contact us for a confidential meeting to discuss how Cyprus can fit in with your offshore plans. We will gladly assist and guide you.

Cypriot Realty – your key to living in beautiful Cyprus.

VISIT WEBSITE

WHAT YOU NEED TO KNOW ABOUT PROPERTY AND TAXES

Navigating the complexities of property taxes is essential for anyone buying or selling property. By RENIER KRIEK , MD at Sentinel Homes

1. VAT versus transfer duty

VAT applies to newly developed properties, while transfer duty is applicable when purchasing an existing property. Importantly, transfer duty is not typically financed through home loans, so it’s essential to budget for it upfront.

2. Municipal taxes and ongoing costs

After purchasing property, municipal taxes are a constant expense. These taxes are in addition to other property-related expenses such as utilities, levies and body corporate fees.

3. Capital gains tax (CGT) on sales

Selling property may result in CGT, based

on the profit made from the sale. However, if the property is your primary residence, the first R2-million of your profit is exempt from CGT.

4. Provisional tax for rental income

If you earn rental income, you’ll need to pay provisional tax. This tax is paid in two instalments based on estimated earnings and any excess or shortfall is adjusted when you file your annual tax return.

Fast fact

The South African commercial property sector is rapidly evolving, integrating smart automation, artificial intelligence-driven analytics and innovative financing models. By VANESSA ROGERS

Riyaad Khan, co-head of Real Estate Investment Banking at Rand Merchant Bank (RMB), says: “The acquisition and retention of tenants are high-cost activities for residential- and other accommodation-focused businesses.”

However, the likes of dynamic “online marketplaces, tenant engagement and loyalty platforms, rent payment and collection services and maintenance solutions” are rapidly reducing these costs and aiding efficiency for tenants and landlords alike.

DATA ANALYTICS AIDS LEASE EXTENSIONS

Cutting-edge software, applied to the retail environment (shopping malls), allows building owners to better gauge trading and consumer behaviour patterns and ensure tenant needs and preferences are adequately addressed.

The happier and better serviced a mall’s tenants, the more profitable their business will be (when it comes to consumer sales), and the more readily they will be to extend their leases in that particular mall.

BANKING SOFTWARE REDUCES FINANCING RISK

As data related to risk underwriting becomes clearer and more comprehensive, advanced banking analytics is leading to best-in-class decision-making in “client-specific” services (those tailored to the needs of a specific customer) related to the latest financing solutions.

Khan specifies that these new solutions may extend to:

• Lower deposit requirements and higher leverage levels, which can be provided to qualifying clients through bespoke risk mapping. In some instances, the lender may finance the entire purchase price of a commercial property – meaning the borrower is not required to put down any form of deposit.

• Flexible repayment terms such as interest-free periods and dynamically adjusting instalments based on higher-frequency analysis of the underlying performance of the specific asset.

APP INTEGRATION STREAMLINES OPERATIONAL INTEGRITY

“Artificial intelligence (AI) and application programming interface (API)-driven integrations are fundamentally reshaping commercial property management, resulting in a more data-driven and efficient approach to operations,” advises Wayne Berger, joint chief executive at iShack Ventures. “Rather than relying on fragmented systems,” he says, “forward-thinking landlords and occupiers are leveraging technology to centralise their data, and automate key processes.” Platforms such as SmartBuildingApp.com, reveals Berger, exemplify this transformation

The South African proptech market is projected to grow at a compound annual growth rate of 15–18 per cent from 2025 to 2030, driven by the increasing adoption of digital solutions in the real estate industry.

Source: mobilityforesights.com

because they integrate real-time property data through open APIs – enabling seamless connectivity across leasing, maintenance and asset management functions. By eliminating data silos, he explains, these solutions can provide a comprehensive view of property performance, which allows for informed decision-making and improved compliance tracking.

“AI enhancements are also revolutionising predictive maintenance, space optimisation and energy efficiency,” says Berger. “By analysing historical patterns and real-time data, AI-powered platforms can anticipate maintenance requirements, optimise resource allocation and enhance tenant experiences – ultimately reducing costs and increasing sustainability.”

As the South African commercial property sector continues to evolve, embracing AI and API-led centralisation will be crucial for those businesses keen to streamline their operations, enhance the performance of their assets and remain competitive in a rapidly changing, highly competitive market – where access to cutting-edge financing models is key to entry.

Follow: Wayne Berger www.linkedin.com/in/wayneberger Riyaad Khan www.linkedin.com/in/riyaad-khan89-23558453

force in property development and investment. Retail Africa displayed great foresight during the COVID-19 period. It identi ed the growing demand for convenience shopping centres, even as the pandemic severely impacted retail activity. Recognising this as a prime opportunity, Fedgroup chose to engage with this seasoned developer, given their proven expertise and track record in retail property.

Richard O’Sullivan, managing partner at Retail Africa, elaborates on their strategic focus: “We set our sights on the ‘ugly ducklings’, well-located yet undercapitalised and rundown shopping centres owned by private individuals. Unlike blue-chip super-regional malls, these centres lacked easy access to capital. However, we quickly saw that trading activity at smaller centres was surpassing that of their much larger counterparts. Even as COVID-19 restrictions eased, consumer behaviour has shifted permanently, with shoppers continuing to favour convenience retail.”

Retail Africa was well aware of Fedgroup’s reputation as a pioneering nancier with an entrepreneurial mindset; one that avoids rigid processes and prefers a exible, client-focused approach. As O’Sullivan puts it: “The ability to engage directly with decision-makers, without layers of red tape or wasted time, was exactly what we needed to execute our strategy at speed.”

This alignment led to a partnership that has ourished over the past four years, unlocking synergies that continue to strengthen both companies. Fedgroup backed Retail Africa in building a portfolio of standout retail projects because it saw the growing demand for

quality, community-based shopping centres in today’s fast-paced world.

More importantly, Retail Africa’s expert approach to unlocking retail potential perfectly aligns with Fedgroup’s vision. Retail Africa’s specialisation and game-changing redevelopment strategies directly support Fedgroup’s solution-driven nancing model; one that builds on its 35-year legacy of stability and exibility as a trusted partner to investors and developers.

FUTURE-PROOFING BUSINESS GROWTH

Harnessing the power of innovation, Fedgroup delivers forward-thinking nancing solutions that adapt to an ever-changing business landscape. With load shedding once again disrupting operations along with persistent above-in ation growth in the cost of utilities, the demand for reliable, cost-effective power solutions has never been more critical.

By leveraging technological advancements, such as the internet of things, and capitalising on the rapid progress in solar and battery backup power, Fedgroup delivers an unmatched, future-proof service that rede nes how property assets are nanced and managed.

Renewable energy sources have a pivotal role to play in diversifying the energy mix and enhancing the reliability of the grid. With Fedgroup already powering four per cent of South Africa’s commercial solar rooftops, equating to 117 million uninterrupted of ce hours, it underscores the effectiveness of the company’s commercial energy solutions.

This clearly illustrates how strategic funding of commercial and industrial solar installations, combined with expert-led procurement,

ACROSS THE COMMERCIAL PROPERTY SPECTRUM, FEDGROUP IS NOT JUST INVESTING IN PROPERTIES; IT IS ALLOCATING CAPITAL

maintenance and real-time monitoring via Fedgroup’s in-house partners can offer cost-effective, seamless, end-to-end solutions. And, as more businesses return to the of ce, clean and reliable power is vitally important. Fedgroup also aims to build ecosystems to provide energy security to clients. This means being involved, or involving its partner companies, all the way from designing the system, managing the build, testing and having all the licences in place, and then getting it up and running and generating electricity.

A prime example is its partnership with Emergent Energy, experts in the design, installation and nancing of embedded energy systems. Emergent Energy’s investment engineers help property partners transition off-grid with tailored solutions. Notably, this collaboration with multiple leading Real Estate Investment Trusts (REIT’s) have powered some of the most prime industrial warehousing and manufacturing properties, amongst others.

SEEING THE BIGGER PICTURE

Across the commercial property spectrum, Fedgroup is not just investing in properties; it is allocating capital alongside entrepreneurs and investors who are the growth engine of the economy. While this approach enables Fedgroup to stay ahead of market trends and deliver strong returns for investors, it also re ects the company’s commitment to building resilient communities that can thrive despite economic challenges.

South Africa, with its strategic position and potential, has a key role to play in Africa’s growth story. The continent offers vast development opportunities, which can be unlocked through innovative partnerships and sustainable projects.

Ridgeview convenience shopping centre, Helderkruin, Roodepoort.

CREATIVE SOLUTIONS FOR URBAN NEEDS

ANDRIES TERBLANCHE

, draughtsperson at BPAS Architects, shares why repurposing old buildings is more than a trend – it’s a necessity in South Africa’s evolving urban landscape

Adaptive reuse projects (where existing buildings are used in a different capacity, such as turning an old factory into a shopping centre) provide a means to breathe life into abandoned buildings, protect cultural heritage and minimise environmental impact.

South African cities are full of existing buildings that have been repurposed. The radical development of the Zeitz MOCAA Museum in Cape Town is an excellent example, where an existing grain silo was transformed into a museum and hotel, becoming a work of art itself. With innovative strategies, these forgotten spaces in our cities, along with the increased demand for accommodation from urban influx, present a valuable opportunity for redevelopment. Through careful redevelopment, abandoned buildings can be transformed into vibrant hubs of activity, fostering economic growth and community rejuvenation.

WHY ADAPTIVE REUSE?

Vacant land is increasingly scarce, especially in cities. As the needs of the people change over time and for buildings to endure through multiple generations, they need to be adapted

to suit changing social, economic and personal requirements.

Using existing buildings innovatively can save costs, time and energy. The cost benefits are twofold – the physical elements of an existing building can be reused and construction time can often be reduced. Naturally, where adaptive reuse is an option within a project, seeing as most of the structure will already be in place, it saves significantly in terms of raw project materials and project waste, especially when compared to traditional reconstruction. Furthermore, with the various new regulations and energy efficiency requirements of buildings, saved building costs can often be put towards green, eco-friendly and energy-efficient systems within the new building.

Older structures may need to be refitted with modern insulation, air-sealing technologies and HVAC systems to not only provide more habitable space, but also ensure the building complies with the needs of the present or future occupants.

POTENTIAL PITFALLS

Adaptive reuse projects are not without their challenges. In an ideal world, much of an existing building’s structure can be repurposed. However, the reality is often that sites of moderate or significant heritage value can be weathered, eroded or unstable due to years of abandonment or neglect. Addressing these issues may add to project costs and timelines.

There are also heritage considerations. For example, in South Africa, buildings over 60 years old are classified as heritage structures under the National Heritage Resources Act, meaning any alterations or demolition require a permit from the relevant provincial heritage authority.

Collaboration with heritage bodies is of utmost importance. Ensuring client, architectural team, local municipality and heritage body work harmoniously to achieve a result that respects and promotes the

ADAPTIVE REUSE PROJECTS

Shandukani Centre, Hillbrow Health Precinct, Johannesburg

The historic Van Niekerk Building, originally part of the old Hillbrow Hospital, was transformed into the Shandukani Centre – a modern prenatal and antenatal facility. The building was renovated to preserve its historical significance while accommodating contemporary medical services. Sustainable practices included maximising natural ventilation to reduce reliance on air conditioning and aligning with environmental and medical considerations.

Source: www.theheritageportal.co.za

New Braamfontein Lofts, Johannesburg

The New Braamfontein Lofts project showcases adaptive reuse by converting defunct Telkom warehouses into a vibrant residential complex. Tens of thousands of bricks were cleaned and reused and concrete from existing structures was crushed and repurposed for new construction elements. The design retained the industrial character of the original buildings, blending natural materials with modern aesthetics to create functional and inspiring living spaces.

Source: www. newbraamfonteinlofts.co.za

cultural significance of the site is crucial to the success of a heritage project.

Architecture and construction will require a drastic change to ensure the future of cities is secured. Homelessness, climate change and increasing prices are all at the forefront of this need for change. Cities will need to move to more sustainable sources of housing, energy and produce. This will affect the state and purpose of buildings as we currently see them. However it is implemented, it will have to be done in careful balance.

Follow: Andries Terblanche www.linkedin.com/in/andries-terblanche-ab0ab7210

Andries Terblanche

Zeitz MOCAA Museum in Cape Town.

HYBRID OFFICE SPACES HELP BOOST WORK CULTURE

As more companies embrace hybrid work, there’s a growing realisation that office spaces must cater to the human side of the equation – supporting not only productivity and collaboration, but also employee connection, creativity and mental wellbeing.

By VUKANI MAGUBANE

Hybrid office spaces are revolutionising the way companies operate, blurring the lines between professional and personal wellbeing while redefining corporate culture. They are becoming – by default – a strategic tool for organisations to enhance productivity, creativity and collaboration and build a culture based on trust and flexibility.

By allowing employees to choose where and how they work, companies are evolving from outdated rigid office structures and rules to embracing a workplace culture that understands employees have different needs and circumstances. Times have truly changed.

A TRANSFORMATIVE SHIFT

Hybrid office spaces have ignited a transformative shift in workplace culture and upended old ways of working. One of the big shifts the hybrid office model has made is to put the spotlight on time-based work where you “clock” into an office versus output-driven performance from anywhere. “Employers will increasingly prioritise outputs over traditional nine to five hours and progressive companies will empower their employees to achieve them thanks to hybrid working,” says Joanne Bushell, MD of International Workplace Group (IWG) Plc South Africa, a large provider of hybrid workspaces with brands including Regus, Spaces and HQ.

Bushell adds: “Companies are increasingly shifting their focus towards enhancing the productivity and happiness of their people rather than focusing on where they work from.”

With hybrid work now the new normal, organisations are recognising that office spaces should support a work-life balance where work is integrated into daily life rather than to a fixed location.

According to Bushell, office design has always evolved as new ways of working

emerge. The cubicles that characterised offices in the 1960s and 1970s gave way to open-plan offices, which have dominated workspace design ever since. “Now, we’re seeing the needs of the increasingly common hybrid worker shape how architects and planners design our workspaces, with diverse, technologically advanced and multifunctional spaces becoming the norm,” Bushell explains.

The transformation is not only about the physical space; it’s about reshaping an organisation’s culture strategy – the way teams communicate, collaborate and thrive and how performance and success are defined.

”In today’s world, offices are all about flexibility, community and employee wellness,” says Marjorie Ndesi, sales manager for the Business Exchange. The company was founded with the vision to shake up the traditional office space model and provide tailored office space solutions that align with companies’ and teams’ needs, preferences and style of work.

She adds: “Companies are adapting to flexible layouts such as phone booths, moveable walls, focus rooms and collaboration areas.

Did you know?

Dynamic mixed-use developments are changing the face of business districts in cities worldwide. The impact of hybrid working has reduced the number of inner-city commuters and is driving investors, landlords and developers to reimagine the commercial cores of cities with a wider mix of uses and experiences beyond the basic provision of office space.

Source: IWG’s The Future of Work Trends Forecast 2025 Whitepaper

They are prioritising employee wellness by seeking offices that provide natural light and shared office spaces where workplace culture can thrive. These spaces encourage employees and tenants to collaborate, foster community and grow.”

A company culture that prioritises the health and wellbeing of employees has become essential for employers seeking to attract and retain skilled talent. Bushell mentions that hybrid working as a wellness benefit is one of the top 10 trends identified by IWG as shaping global work in 2025. “Flexible and hybrid working arrangements are set to become as coveted as health insurance in compensation packages,” she says.

Follow: Joanne Bushell www.linkedin.com/in/joanne-jo-bushell-90927643

Marjorie Ndesi www.linkedin.com/in/marjorie-ndesi-698870b5

Marjorie Ndesi

MEDICAL DEVELOPMENT GROWTH

ITUMELENG MOGAKI

explores South Africa’s burgeoning medical real estate sector, examining how investors, developers and healthcare professionals are seizing opportunities in this niche market

The South African real estate market is seeing a growing interest in healthcare properties, prompting local and international investors to explore opportunities in medical office buildings, clinics and healthcare campuses, which offer stable returns amid economic uncertainties.

Dr Linda Sigaba, fund manager at Growthpoint Healthcare real estate investment trust (REIT), says property trends often mirror the country’s economic performance. He notes that recent signs of recovery have benefitted the broader property market, including healthcare real estate. “Last year, two United Kingdom healthcare REITs took secondary listings on the JSE, further increasing visibility among asset managers and institutional investors,” says Dr Sigaba.

“South Africa’s medical real estate sector is gaining traction, particularly in the Western Cape,” says Quintin Rossi, co-founder and CEO at Spear REIT. He adds that at Spear, the focus on the province is largely driven by ongoing semigration trends, with around 150 000 people moving there annually. “These new residents span various age groups, with many being financially stable professionals or retirees who can afford private healthcare.”

DEVELOPMENT STRATEGIES FOR HEALTHCARE PROPERTIES

Rossi says when developing medical real estate, it is crucial to design properties that cater to healthcare needs from the outset.

“Developers typically incorporate features such as large floor plates, efficient circulation areas and strategic placement within high-density residential zones. Unlike retail centres, medical facilities require less parking due to their cyclical nature, but must remain easily accessible.”

Spear’s investment in medical retail properties follows a mixed-use model. One example is its Tyger Valley development. A day hospital is located on the fourth floor, while an Intercare medical facility, alongside a Clicks pharmacy, occupies the ground floor. This setup creates a one-stop-shop medical hub, offering services from general practitioners to optometrists and specialists, making it convenient for residents.

Rossi adds: “Accessibility is a key factor in medical real estate planning. Facilities like Intercare prioritise patient convenience by ensuring ample parking, single-level access for day hospitals and proximity to residential areas.

“This approach enhances patient flow and ensures medical services cater to all demographics, from young children to the elderly.”

INVESTMENT AND DEVELOPMENT CHALLENGES

Most healthcare property assets in South Africa are owned by the country’s three major hospital groups or family-run businesses, making new investments difficult.

“In major cities, there is an oversupply of acute hospital beds. However, there is demand for new facilities in townships, smaller towns and semi-rural areas. The challenge is securing a reliable healthcare operator willing to support these developments,” Dr Sigaba explains.

In Rossi’s experience, one of the primary challenges facing investors and developers in this sector is zoning restrictions. “Medical facilities require specific zoning

approvals, which can be difficult to secure. Additionally, location selection is critical, healthcare developments in high-growth residential areas offer the best long-term value by capturing the full patient spectrum, from infants to the elderly,” he says.

THE SHIFT TOWARDS HEALTHCARE CAMPUSES

Globally, healthcare is moving away from prolonged hospital stays. Today, patients spend shorter periods in acute care hospitals before transitioning to sub-acute facilities, also known as rehabilitation or step-down centres.

“Currently, seventy to eighty per cent of surgeries worldwide take place in day hospitals,” says Dr Sigaba adding that there is also a move towards integrated healthcare campuses where multiple services operate from one location. “These campuses may include primary healthcare, oncology, rehabilitation, a day hospital, a pharmacy and other specialist services. This model improves convenience for patients and makes better use of medical resources.”

As the demand for healthcare real estate grows, he says, investors and developers will have to adapt to new trends and challenges. With a focus on patient care, technology and efficient facility design, the sector is poised for further growth in South Africa.

Follow: Dr Linda Sigaba www.linkedin.com/in/dr-linda-sigaba-732a3923 Quintin Rossi www.linkedin.com/in/quintin-rossi-9b67251b

Dr Linda Sigaba

Quintin Rossi

Recently acquired Tyger Valley Healthcare Day Hospital operated by Intercare.

SOUTH AFRICAN RESIDENTIAL RENTALS

GREAT FOR INVESTORS, ESTATE AGENTS, TENANTS AND THE ECONOMY

If you want an economic good news story in South Africa, the strong post-pandemic recovery of the residential rental sector surely qualifies, writes PAYPROP

PROPERTY HAS BECOME ONE OF THE KEY DRIVERS OF THE COUNTRY’S SERVICES SECTOR, WHICH NOW CONTRIBUTES ALMOST TWO-THIRDS OF GROSS DOMESTIC PRODUCT.

PayProp Rental Index Data shows that national residential rental growth trended between three and four per cent from 2018 to 2020 before falling sharply in 2020 and 2021. Since then, the industry has clawed back some of its losses. Growth exceeded five per cent in Q4 2024 for the first time since 2017, outpacing inflation by a significant margin for the first time since the pandemic.

Property has become one of the key drivers of the country’s services sector, which now contributes almost two-thirds of gross domestic product. Residential rentals have been a crucial part of that success story, further shoring up the property sector with indispensable regular income during lean times. Traditionally, property sales have been the main driver of estate agency success, but a pandemic-era sales slump and the suppressive effects of high interest rates have given rentals – traditionally seen as a secondary income stream at best –much greater importance.

However, the impact isn’t only measured in rands and cents. The residential rental sector provides affordable, quality housing

WITH THE ECONOMY RECOVERING, INVESTORS CAN RECOUP SOME OF THEIR EARLIER REAL-TERM LOSSES. THE CHALLENGE NOW WILL BE TO SET SUSTAINABLE RENTAL ESCALATIONS WITHOUT DRIVING UP ARREARS.

for millions of South Africans. Almost a quarter of all households now live in rented homes, according to a 2024 Stats SA report, but supply constraints mean demand may be signi cantly higher.

With the opportunity presented by this vital economic sector, harnessing its economic and social returns nevertheless remains a complex challenge. Its potential bene ts can only be realised if decision-makers have access to reliable residential rental market data to support long-term strategic decisions. Vital puzzle pieces include rent and rental growth data to calculate projected rental yields, supply and demand-side metrics to ensure rental escalations are sustainable and rental distribution data to identify what types of property are in the most demand.

THE STATE OF PLAY IN 2025

This year is shaping up to be another growth year for the residential rental sector. A deeper dive into the data from the latest PayProp Rental Index shows both nominal and real-term rental growth accelerating to levels not seen since before the pandemic.

Rental growth climbed to 5.4 per cent year-on-year in the nal quarter of 2024, the highest since 2017. While growth had broken the ve per cent barrier in previous months in the same year, the December gure was set against in ation of just three per cent.

With the economy recovering, investors can recoup some of their earlier real-term losses. The challenge now will be to set sustainable rental escalations without driving up arrears.

So far, the industry appears to be walking that tightrope. The share of tenants in arrears fell to 17.1 per cent in the nal quarter of 2024, a near-record low. Tenants are also spending less of their income on debt and rent payments than earlier in the year. However, clouds are on the horizon. In ation crept up to 3.2 per cent in January and could go higher if South Africa is pulled into a global trade war. And while the Western Cape and Limpopo experienced double-digit growth rates in Q4 2024, growth in other provinces stalled. Mpumalanga’s rental market, in particular, looks set for a dif cult year – and local agents will need to make good, data-driven decisions to ride out the storm.

TWO DECADES OF RENTAL PAYMENT LEADERSHIP

PayProp, a South African rental payment processor, is an established leader in rental market data.

PayProp processes more than R15-billion in rental payments annually in South Africa, and a total of £2.6-billion worldwide.

The platform handles transactions on behalf of agency clients, from landlord settlements, agency commissions and third-party payments to contractors and municipalities, damage deposits and countless associated payments, including fees, deposits, split payments and more.

Additionally, the platform oversees tenancy data, including arrears, vacancy rates, inspections, rent increases and more, allowing it to collate the most comprehensive body of rental market data.

Reporting bank-accurate completed payments, the platform further pursues the highest standards of regulatory compliance. To date, it is the only third-party payment processing solution whose clients can be exempted from holding their own trust accounts under stringent PPRA rules.

As such, PayProp is widely regarded and quoted as the system of record for residential rental industry data, publishing leading titles such as the quarterly PayProp Rental Index and the annual PayProp State of the Rental Industry Survey, South Africa’s biggest poll of property industry professionals.

Whether you invest in, rent or manage rental properties, subscribe to one of South Africa’s leading sources of rental market data and thought leadership HERE.

For more information: www.payprop.com/za

ADAPTING TO NEW DEMANDS

An evolving industrial landscape calls for new kinds of commercial spaces, writes TREVOR CRIGHTON

The South African industrial property sector has been privy to an upward trend in rental prices over the past 18 months, with prices rising by as much as 30 to 40 per cent. Fuelled by healthy levels of growth, Rodes’ Report for 2024 Q3 highlighted a vacancy rate of just 3.6 per cent, with nominal market rentals for spaces sized 500m2 enjoying a 6.9 per cent year-on-year (YoY) increase.

That’s according to Kyle Hyam, associate director for Galetti Corporate Real Estate, who adds: “Rentals for 1 000m2 industrial spaces experienced rapid growth, rising by 7.4 per cent YoY. Regionally, all major areas showed strong nominal market rental growth and low vacancies.”

He adds that, following a decade of stability, these sharp increases are driven by higher building costs, market influences, higher tenant demands for premium, spec-built facilities and declining vacancies. “Adding to this, material costs for steel and concrete have escalated and as facilities advance, the need for state-of-the-art fire suppression systems, often required by insurers, has underscored growth for A-grade spaces,” he explains.

Bruce Collins, head of asset management at Fortress Real Estate Investments, agrees that high-quality, secure logistics space continues to perform well and has experienced buoyant demand over the past 24 months with very low vacancies across prime locations.

“Fortress has developed around 150 000m2 of high-quality logistics space in the past twelve months, of which almost one hundred per cent was let before completion,” he says.

DIVERSITY IN DEMAND

Collins says an array of businesses and industries have driven the demand for new logistics developments, including the distribution of commodities, such as sugar, pulp, polymers, food and groceries, retail inventory, and the storage and distribution of motor vehicle parts and agriculture equipment. “Online retail platforms continue to drive the demand for logistics space. South Africa’s e-commerce sector has experienced exponential growth, reaching a record R71-billion in sales in 2023. Online sales represent 6.4 per cent of total retail sales and are expected to reach 10 per cent in 2025,” he says.

“While e-commerce remains an integral element of demand and growth for logistics space, the need to have additional inventory on hand to facilitate just-in-time obligations

and the ability to optimise supply chains are other key demand factors. Businesses, whether retailers or third-party distributors, have augmented their supply chains to enable further inventory on hand and ensure their products are closer to the consumer and/or end-user. Global supply chain disruptions have compounded the need to have sufficient stock close to the consumer.”

SUSTAINABILITY AND TECHNOLOGY

Several shifts are taking place in the industrial landscape, characterised by the development of advanced manufacturing facilities, stateof-the-art logistics hubs and a focus on sustainability and technology integration, notes Hyam.

“We are currently seeing a strong shift towards more technologically integrated factories, equipped with internet of things solutions, enhanced security and bigger, faster production lines. Tenants are also increasingly seeking higher quality warehouses, driven by various factors, including stricter insurance requirements. Insurers now often demand ASIB- or SANS-certified warehouses equipped with advanced fire suppression systems, which are typically found in built-to-spec or newer facilities. This trend has increased demand for premium and A-grade warehousing,” he says.

Collins says sustainability has become increasingly important in the space, with a significant increase in certified green buildings and renewable energy solutions among new developments. “This growth reflects a shift in consumer priorities as landlords and tenants increasingly consider environmental impact when making property decisions,” he explains.

Hyam believes sustainability is also important in helping reduce costs and overheads. “Over time, we have seen many companies implement green measures, such as energy-efficient systems, lighting, solar and so on, and this is set to continue. Big companies are also calling the shots, with special requests being made before taking occupation of the premises.”

“AN ARRAY OF BUSINESSES AND INDUSTRIES HAVE DRIVEN THE DEMAND FOR NEW LOGISTICS DEVELOPMENTS.” – BRUCE COLLINS

Follow: Kyle Hyam www.linkedin.com/in/kyle-hyam-21532624

Bruce Collins www.linkedin.com/in/bruce-collins-8a743838

Cornubia Ridge Logistics Park in KwaZulu-Natal is a R1-billion development launched by Fortress REIT in 2019.

NEW TRENDS IN STUDENT LIVING

Student housing is no longer just a place for students to sleep. Today, modern student accommodation includes lifestyle features, academic support and a sense of community, writes ITUMELENG MOGAKI

The demand for student accommodation is helping to renew urban areas. In places, such as Braamfontein (Johannesburg) and Observatory in Cape Town and Cape Town CBD station, older buildings are being turned into mixed-used precincts offering student residences, says Anwar Rassool, founder of the Fest Foundation. Rassool says private developers are leading this change by improving safety, walkability and local economies. “These projects often attract shops and better transport, which benefits both students and the community.”

Retha Van Rooyen, founder and CEO of My Student House, points out a challenge. “The slow rezoning process forces many landlords to operate while waiting for city approvals. This is a common issue in South Africa,” she says. Despite this, developers still see student housing as a good investment because of steady rental income and strong demand.

NEW TRENDS IN STUDENT HOUSING

Modern student housing focuses on both study and lifestyle. According to Rassool, key features include:

• Co-living and shared spaces: communal lounges, rooftop relaxation areas and study rooms encourage social interaction.

• Technology: high-speed Wi-Fi, app-based building access and smart energy use are now standard.

• Wellness spaces: on-site gyms, meditation rooms and green areas help students stay healthy.

• S ecurity: biometric access and 24/7 security make student housing safer.

• S ustainability: this is becoming more important in student accommodation. Developers are using energy-efficient designs and eco-friendly materials. More solar panels, LED lighting and smart meters are being used in student housing. Green construction methods also help speed up building projects while reducing waste. Van Rooyen adds that students also care about affordability. “While premium residences offer high-end features, most students just want a clean and well-managed space,” she says.

COST AND FUNDING CHALLENGES

Building student accommodation comes with financial challenges. Construction costs, high interest rates and zoning rules make it difficult to keep prices affordable. Rassool says funding comes from private investors, bank loans and partnerships between universities and developers. He, however, explains developers must find a balance between making a profit and keeping rent affordable for students.

In her view, says van Rooyen, developers often expand once they see the benefits of student housing.

“DEVELOPERS MUST FIND A BALANCE BETWEEN MAKING A PROFIT AND KEEPING RENT AFFORDABLE FOR STUDENTS.” – ANWAR RASSOOL

Follow: Anwar Rassool www.linkedin.com/in/anwar-yasser-rassool-31497416a

Retha van Rooyen www.linkedin.com/in/retha-van-rooyen

INNOVATIVE MIXED-USE PRECINCT

GVK-Siya Zama has completed the redevelopment of Cape Town Station into a dynamic mixed-use space with a key focus on student accommodation. As one of GVK-Siya Zama’s largest projects by value, the redevelopment spans 77 000m2 and includes a 20-storey, 3 000-bed purpose-built student accommodation facility. Situated within a prime transport hub, the development is designed to serve students from major tertiary institutions, including UCT and CPUT, providing them with a modern and accessible living space.

The project has transformed an underutilised area into a sought-after student living destination, following the model of European cities that repurpose less desirable spaces into high-demand residential and retail offerings. Beyond accommodation, the development includes 6 700m2 of retail space and a world-class public square, enhancing the overall urban experience for students and the broader community.

Designed with student lifestyle and wellbeing in mind, the accommodation features multiple study hubs, cinema and relaxation areas and a sevena-side football field on the fourth floor. Safety and comfort were paramount in the design, with modern fire compliance measures, secure access control and carefully planned infrastructure to support the large student population.

Energy efficiency was also a priority, with the inclusion of solar power, energy-efficient appliances and a centralised water heating system to monitor and manage consumption effectively. These sustainable features align with global best practices in student housing, ensuring a cost-effective and environmentally conscious living experience.

The redeveloped Cape Town Station.

THE OMNICHANNEL ADVANTAGE

Reshaping

the future of retail in South Africa

While online shopping is increasing rapidly in South Africa, the experience offered by brick-and-mortar stores can never be replicated, writes BUSANI MOYO

In a world increasingly dominated by the click of a mouse, the retail landscape in South Africa is undergoing a dramatic transformation. From the rise of e-commerce giants to the changing demands of digital-savvy consumers, brick-and-mortar stores face a crucial turning point. They are forced to rethink how they engage with customers and adapt their physical spaces.

We explore the current state of South Africa’s retail sector, examining whether brick-and-mortar stores still have a place in an increasingly digital world and how retailers are resorting to omnichannel offerings to keep customers shopping.

SPACE FOR BOTH

As the e-commerce delivery vehicles crisscross suburbs in South Africa, one can easily be forgiven for thinking that no one is going to brick-and-mortar stores in the shopping malls. However, this is not precisely the case, as Simon Wilkins, MD of Advisory for Galetti Corporate Real Estate, notes: “There is space for both e-commerce and brick-and-mortar in South Africa.” Regarding the state of the country’s retail sector, he adds: “South Africa’s retail property sector has experienced notable growth over the past decade, and with in ation lowering and borrowing costs easing, con dence is returning to consumers.”

Did you know?

Between 7 and 15 per cent of grocery spending is now happening online in South Africa, with the highest use among those aged 31 to 40.

“Interestingly, physical stores play a crucial role in driving online sales by connecting with consumers and building trust in the brand, which ultimately supports online growth. The largest and most prominent online retailers, such as Checkers Sixty60, ful l online transactions through their physical stores.”

Nashil Chotoki is the retail national asset manager at Rede ne. He acknowledges the shifting trends in South Africa’s retail sector. However, Chotoki observes: “For perishable goods and large baskets … South Africans still prefer an in-person experience.” He adds: “With premiums on deliveries for groceries, for example, it may be more convenient, but not necessarily cheaper, to shop online.”

Wilkins suggests that brick-and-mortar stores still have a signi cant role to play in enhancing the experience of consumers. “Brick-and-mortar stores still provide real-life elements that online platforms do not. Social aspects, such as physical dining and experiential offerings, are only available in person.” He notes: “We also see retail stores providing in-store discounts not available online to entice shoppers to physical stores.”

THE OMNICHANNEL OFFERING

Chotoki says: “In the South African context, the focus is on omnichannel retail, encompassing both physical and online stores.” He adds:

Chotoki suggests it is a reality that “pure online retailers opening physical stores such as Yuppiechef, whose turnover growth was enabled through the physical stores”, have come to realise. He points out other examples: “Takealot has opened physical outlets in malls for collection and drop-offs, while Amazon, one of the largest global online retailers, has opened physical stores in the United States.”

Wilkins agrees: “Looking towards the next decade, technology will continue to advance with the likes of omnichannel offerings increasing and personalised services becoming more prevalent to attract the in-store shopper.” He adds: “Malls and retail centres will continue to appeal to the social aspect of in-store shopping, providing experiences and destination shopping at agship stores that provide unique experiences and products unavailable via e-commerce.”

To ensure the success of the omnichannel offering, Wilkins reports: “Retailers are using technology to amplify, simplify and improve in-store shopping.” Such technologies include “self-check-out options in stores” such as at select branches of Decathlon, Zara and Shoprite’s UNIQ clothing retail store.

Source: Discovery Bank’s SpendTrend24 report DOWNLOAD

Discovery Bank’s SpendTrend24 report

Follow: Simon Wilkins www.linkedin.com/in/simonwilkins-galetti

Chotoki www.linkedin.com/in/nashil-chotoki-050a4651

Simon Wilkins

Nashil Chotoki

Nashil

aesthetic combines smooth stone hallways, warm wooden accents, and terracotta hues to create a tactile, grounded luxury experience.

This design philosophy extends beyond aesthetics; it fosters a sense of connection to the earth, offering guests a serene and authentic retreat that encourages relaxation and reflection.

WHAT IS AN APARTHOTEL, AND WHY DOES IT MATTER?

An Aparthotel is a hybrid between a high-end hotel and a stylish residential apartment. Unlike traditional buy-to-let properties, KLEI Aparthotel provides a fully managed, hassle-free investment model.

For guests, KLEI offers the perfect balance of comfort and practicality. For investors, it represents a stable, high-yield opportunity in a region that welcomes over half a million visitors annually.

THE INVESTMENT CASE: STRONG RETURNS, LOW RISK

One-bedroom units at KLEI start from R3.375-million. Buyers save significantly

ACT NOW—THIS OPPORTUNITY WON’T LAST

With its official launch set for April 2025, early investors can lock in prime pricing and maximise their benefits. Marketed by HUNT Properties, KLEI Aparthotel is more than just an investment; it’s a chance to be part of a visionary lifestyle precinct reshaping the Winelands landscape.

For those who appreciate the harmony of nature, style, and smart financial decisions, KLEI Aparthotel might just be the deal of the decade.

BE PART OF THE WINELANDS’ NEXT BIG INVESTMENT OPPORTUNITY

Devonbosch is more than a development; it’s a thriving, self-sustaining community that celebrates a dynamic, engaging, well-lived life.

Owning a unit at KLEI means being part of this excitement while securing a high-yield, low-maintenance investment. With its unique blend of luxury, financial stability and prime location, KLEI Aparthotel stands out as a rare opportunity in the Cape Winelands.

on transfer duty – depending on the unit selected, this can amount to hundreds of thousands of rands.

Additionally, KLEI offers a guaranteed rental yield of eight per cent per annum, locked in for three full years. This level of financial certainty is rare in real estate, making KLEI a standout option for investors seeking reliable returns.

Further financial incentives include potential tax benefits under Section 13sex, a provision allowing investors to claim deductions on new residential units. These factors combine to create a compelling financial case for KLEI as an investment opportunity.

A THOUGHTFULLY DESIGNED GUEST EXPERIENCE

One of KLEI’s unique features is its mandatory furniture pack, designed by Elisca + Co Architecture Design. While some may see this as an additional cost, it actually enhances the investment. A cohesive interior design ensures

A SECURE AND SEAMLESS OWNERSHIP EXPERIENCE

From an operational standpoint, KLEI owners enjoy peace of mind. Devonbosch offers top-tier security, a 24/7 concierge desk and dedicated maintenance teams to ensure smooth operations.

Totalstay™ manages every logistical detail, from insurance and merchant banking fees to licensing software and consolidated monthly income statements. This level of professional oversight means investors can simply enjoy the returns without the usual stress of property management.

brand consistency, leading to better guest reviews, higher demand and increased returns. Drawing inspiration from the Bottelary Conservancy and Devonbosch’s natural beauty, the furniture and decor create a stylish yet contextually relevant atmosphere. This careful curation transforms first-time visitors into repeat guests.

FLEXIBILITY FOR OWNERS

Owning a unit at KLEI doesn’t mean you can’t enjoy it yourself. Investors can take advantage of 14 days of personal use annually – perfect for those looking to unwind in the Winelands. Additionally, owners receive discounted rates for extended stays. Since all units operate within a rental pool, investors benefit from collective marketing and booking efforts, ensuring stable income flows rather than sporadic rentals.

LOCATION, LIFESTYLE AND FUTURE GROWTH

Stellenbosch’s enduring appeal is undeniable: renowned wine farms, top-tier restaurants, bustling markets and a rich cultural calendar make it a prime travel destination. Devonbosch, however, is raising the bar with its all-inclusive lifestyle offering.

Upcoming private schools, expanded sports facilities, medical amenities and a diverse retail mix hint at a future where “owning a slice of Devonbosch” becomes increasingly desirable. Additionally, the soon-to-launch Cape Winelands Airport is set to drive even higher visitor volumes, further enhancing the investment potential of KLEI.

THIS UNIQUE INVESTMENT OPPORTUNITY OFFERS BUYERS AN ANNUAL RENTAL

Check-in matters

Location

is always a

top priority for hotels, writes KEITH BAIN

The goal of the Canopy by Hilton brand, says Mercia Horn, “is to deliver elevated, boutique hotel experiences that immerse guests in the best of the locale”.

Horn is general manager of the global brand’s first African property, Canopy by Hilton Cape Town Longkloof, where “the inviting, sophisticated design and crafted touchpoints deliver a locally inspired, high-end, welcoming stay for all guests”.

The recently opened hotel has been imagined as a sophisticated hub for the wider precinct that incorporates diverse businesses, retail spaces, food outlets, a Workshop 17 co-working space and the Refinery, a gracious Herbert Baker-designed former school building. The precinct, in total, covers just under 17 000m2 of space and includes a public yard, a sociable coffee shop, plenty of underground parking bays and accessibility via four different entry and exit points. The integrated development has involved the conversion of existing heritage buildings to retain the historic character of the

neighbourhood, while new construction has ensured that, according to Horn, it “aligns perfectly with the Canopy by Hilton brand identity”. Contemporary by design, the hotel celebrates local, incorporating art, textiles, furnishings, colours and cuisine that highlight South African creativity and culture.

CONVENIENTLY LOCATED

As great as the appeal of its fresh, sophisticated, vibrant aesthetic, it’s the hotel’s location that’s key to its anticipated success. Situated just off Kloof Street (dubbed the “Coolest Street in the World” by Time Out magazine in 2022), the property has a stake in contributing to the “energy, culture and connectivity” represented by this bustling mixed-used pocket of conviviality within Gardens. Situated at the edge of the city centre, it’s surrounded by a diverse mix of residential, retail and leisure outlets. From the hotel, you can explore the city on foot, catch a bus to the beach or the start of hikes up Table Mountain (visible from the hotel) and find an endless array of bars and restaurants within strolling distance. Horn believes the “precinct is an extension of the neighbourhood”, and the hotel fits into the brand’s core principle of integrating seamlessly into the local community, while reflecting and amplifying the essence of its surroundings. “It’s not just a place to stay; it’s part of the fabric of the community,” Horn says. “Guests can experience the authentic rhythm of this vibrant part of Cape Town then return to a comfortable, sophisticated environment offering a unique sense of place.”

Mercia Horn

Canopy by Hilton

TWO POWERHOUSE BRANDS IN PARTNERSHIP

For a different kind of prime location, the new Steyn City Hotel by Saxon is located within a prestigious residential estate north of greater Johannesburg. The partnership between two formidable brands – Saxon is considered one of the most lavish, luxurious hotel brands in the country, while Steyn City is synonymous with luxury and lifestyle convenience – is a boost for both.

Steyn City Properties CEO Steven Louw believes it’s a “rare partnership” between two powerhouse brands. He’s adamant that, just as the entire estate hinges on the careful integration of convenience and nature, the hotel effortlessly brings guests into that lifestyle of seamless overlap between easy living and access to nature and the best of the great outdoors.

The 50-apartment hotel affords a luxurious getaway for city folk eager to get out of the bustle of town for a bit, but it’s also a useful

base for leisure and business travellers into Gauteng, especially anyone who prefers to be away from the congestion without skimping on convenience and urban sophistication. Guests will experience superlative hospitality, top-grade security and the convenience of never needing to leave the grounds. On offer within Steyn City is just about everything one could require in life. Hotel guests have at their fingertips the 18-hole championship golf course, a private mountain bike track, a 45km floodlit promenade for walking or jogging and –within walking distance – a 300m lagoon where kayaking, stand-up paddle boarding and hassle-free swimming is possible. There are padel and tennis courts, too, and loads

Fast fact

Endorsed by Leading Hotels of the World, Steyn City Hotel by Saxon is, like the lifestyle estate where it’s found, committed to eco-sensitive practices, sustainability and community engagement. It runs a comprehensive “green efficiency” programme that prioritises properly managed and monitored recycling, endeavours to reduce single-use plastic usage (including unnecessary packaging reduction) and various policies to reduce overall environmental footprint through, among others, lowering transport-related carbon emissions. The hotel supports local businesses and engages with programmes supporting community development in the immediate area.

of healthy distractions for energetic youngsters. There’s considerable focus on family activity – within the estate’s 2 000-acre indigenous parkland are themed play nodes for children.

Saxon’s general manager, Gustav Pieterse, calls the hotel “a new chapter in luxury hospitality”, one that he believes will “redefine the art of city breaks”.

Follow: Mercia Horn www.linkedin.com/in/mercia-horn-56b091159

Guy Hutchinson www.linkedin.com/in/guy-hutchinson-54b4a5a Gustav Pieterse https://www.linkedin.com/in/gustav-pieterse-17995a81

Gustav Pieterse

Steyn City Hotel

in Westown Square. Completion of the rst phase of this lifestyle estate is slated for early 2026 and will include ground- oor apartments with private gardens and spacious balconies on the rst, second and third oors.

Part of the Classic Balwin Collection, each apartment with double parking is tted with key appliances such as a Defy electric oven and hob, a refrigerator, a washing machine, a dishwasher and a bre-ready connection.

As a 6-star Green Star-rated lifestyle estate, Shongweni Eco Park features amenities such as a swimming pool, indoor padel facility, training gym, cafe, laundromat and children’s play area.

Over the next few years, 1 260 apartments will be built, in 25 phases, signalling the rst of 3 000 units to be built in the Westown urban core. Over time, 20 000 residential units of various sizes and styles will bring a rich residential element to Westown.

Retaining the outdoor character of Shongweni is integral to Westown’s development and, in addition to working with existing outdoor and lifestyle activities and facilities in the area, Westown will enhance its surrounding green spaces by creating a safe and active green belt. As with the whole of Westown, this node will fall under the management of Westown Management Association.

BUSINESS AND LOGISTICS PRECINCT

The opening of Westown Square, the trigger investment within the 100-hectare mixed-use urban core of Westown – the rst development activity within the 1 500-hectare Shongweni Urban Development Framework – has unlocked a slew of new business, development, commercial and retail opportunities. Among these are Farrier Business Park, Parc Ferme and The West Private Hospital.

• Farrier Business Park: a logistics and warehousing hub offering four development models. The rst option offers end-users the opportunity to purchase a bespoke completed top structure. The second option provides investors or developers the opportunity to purchase a serviced platform

and development rights. The third is a joint venture option and the fourth will see Fundamentum retaining the top structure for end-user rentals.

• Parc Fermé: catering to those who love cars and an active lifestyle, it offers convenient access to various showrooms, retail stores and of ces, designed with shared common areas that re ect Westown’s ethos of connection. These mixed-use elements maximise the high-traf c visibility of the site’s location.

• To cater for the 3 000 new residential units being occupied over the next 5–10 years in Westown, a 100-bed licence has been awarded to The West Private Hospital, as well as the provision of additional medical services and amenities, including 4 major theatres, a trauma/outpatient unit, radiology and pathology, physiotherapy and 16 medical suites.

MORE THAN SHOPPING – WESTOWN SQUARE ART PROGRAMME

Westown Square may be geared towards shopping, but it has been purposefully designed to be everything “more than just for shopping”. The Westown Square Art Programme, in part, ful ls this aim, giving visitors a unique visual experience. The intention is that the project will be rolled out to encompass Westown as a whole, harnessing all arts disciplines to create a multisensorial, globally competitive and highly marketable experience to help de ne the entire culture of Westown.

For more information: General information info@westown.co.za / +27 (0)31 566 1716 www.westown.co.za

Retail Leasing

Lana Pattison lana@fundamentum.co.za / +27 (0)83 511 4433

#ItsTimeForTheWest

QUICK FACTS ABOUT WESTOWN

• 15 000 construction jobs over the next decade

• 8 500 permanent jobs over the next 10 years

• An upgraded road infrastructure.

• 3 000 residential units to be built in the Westown Urban Core

• An estimated 20 000 units when Westown is complete in 10 to 15 years.

• Support of local service needs such as an extended road network, more education facilities, libraries and others

• Integrated public transport facilities.

• Rehabilitation of sugarcane land and neglected wetlands, with ongoing management

• Provision of managed running, cycling and equestrian trails, integrated into the development

• Support of surrounding businesses, amenities and facilities to ensure the collective growth of the area

• A training centre and skills development programmes

• New schooling and education facilities

“We’re so excited to introduce our rst pieces of work and the artists behind the work at the opening of Westown Square,” says Cara Reilly, marketing and communications executive for Westown. “We’re thrilled to work with The KwaZulu-Natal Society of Arts with the expertise of the gallery’s director, Angela Shaw, leading the curation of the project.

Artists involved in phase one of the art programme include Xavier Clarisse, Sthenjwa Luthuli, Iain ‘EWOK’ Robinson, The isithebe weaving community in Shongweni in collaboration with Andrew Walford, Selloane Moeti and South Africa’s rst poet laureate, Mazisi Kunene. Plans are underway for Phase 2, with sites being identi ed for key installations.

WESTOWN: FUTURE-PROOFING THE WORK-LIFE BALANCE

The future of urban living may well exist beyond the fringes of what we think of as cities today. By

KEITH BAIN

Late March saw the much-anticipated opening of Westown Square, the first phase of Westown, a vast and conceptually impressive mixed-use development in Shongweni, a rural hamlet on the N3 between Pietermaritzburg and Durban, part of an area known as Outer West. Integrating retail, dining and event spaces, the Square is a 48 000m2 hub at the heart of Westown, which is expected to generate R15-billion in investment over the next 10 to 15 years.

Westown has already accrued groundbreaking levels of interest from stakeholders; the sophistication of the project in terms of out-the-box thinking, innovation and potential for positively impacting the immediate area and the wider KwaZulu-Natal economy has supercharged conversations around the project. Aside from bringing tremendous

WESTOWN

energy and focus to a rural area traditionally known for horse paddocks, weekend polo matches and farmers’ markets, it feels to many like a gigantic leap into the future for the region and the province. And, it may well serve as a blueprint for similarly forward-facing developments across the country.

ABOUT MORE THAN SHOPPING

Carlos Correira, CEO of Fundamentum Asset Management, which is responsible for the development, is deeply enthused about the strategy’s potential. He says Fundamentum has from the outset wanted Westown to evolve along the lines of a traditional town – with shared communal spaces and high streets – and the scale would always be human, incorporating green-lung parks, gardens and children’s play areas, as well as other spaces for outdoor living and communal interaction.

SQUARE PRIORITISES CONNECTIVITY AMONG PEOPLE AND BETWEEN PEOPLE AND THE NATURAL ENVIRONMENT.

Fast fact

Westown’s socioeconomic benefits include the creation of 15 000 construction jobs and 8 500 permanent jobs over the next 10 years. Plus, the development is responsible for ensuring upgraded road infrastructure, training centres and skills development programmes, school facilities, medical facilities, the rehabilitation and ongoing management of neglected wetlands and the creation of managed running, cycling and equestrian trails (and you can actually ride your horse to the shopping area – there’ll be hitching post).

Source: Westown, Shongweni

The developer even opened a pop-up art gallery to showcase local artists – free of charge to exhibit and attend.

Blok’s latest developments include commercial spaces – occupied by owner-run businesses – helping foster tangible economic growth, customer loyalty and familiarity within the neighbourhood. Grab a delicious coffee or the renowned “birthday cake” from Norfolk Deli, at SIXON N (6 Norfolk Road), eat a sweet treat on a swing from Crumbs & Cream, then work off those calories at the ever-welcoming Horizen Gym, both located at ONE26 ON M (126 Main Road, Sea Point). New and exciting businesses – aptly named “neighbourhood heroes” by Blok – will be joining – a soul- lling yoga studio at EIGHTY2 ON M (82 Main Road, Sea Point) and local restaurant legends will return to THREE43 ON B – which opened only last month. Lips are sealed as to who they are. Creating spaces, neighbourhoods and communities that inspire is what truly keeps the team at Blok driven. The commitment to quality, creativity and authenticity remains at the core of everything Blok does.

WHAT’S NEXT FOR BLOK?

With a much-anticipated 20 th development launch – in a neighbourhood new to Blok – and multiple building completions taking place this year, its progressive nature and ambition to shape the future of urban living through thoughtful design will see Blok venture into new neighbourhoods of Cape Town. “Being able to positively in uence precincts within arguably the world’s best city is something that drives everyone at Blok. A shared pride for the city we get to call home is a hugely motivating force within the business,” says Blok’s head of marketing, Troy Squires. “I still pinch myself when I pass a Blok building on my way for a run on the mountain. It’s extraordinary that we get to add to the fabric and play a part in the history of Cape Town.”

Keep an eye out as Blok looks to celebrate an incredible milestone closer to the middle of the year.

Over the past ten years, Blok has launched 19 developments – 15 completed buildings and 4 under construction, creating over 1 000 homes. This year Blok celebrates 10 years and launches its 20 th development in a new neighbourhood, rich in history –De Waterkant.

Be a part of the next chapter with Blok. With a progressive design that honours the charm of the past and innovative spaces that offer a new way of living. ONEON R launches on 23 April. History in the making is worth the wait. Enquire now and be the rst to nd out more.

Stay tuned as Blok continues to lead the conversation on shaping the future of urban apartment living through thoughtful design.

ENQUIRE NOW

ONEON R

History in the making is worth the wait

For more information: + 27 66 186 1658 sales@blok.co.za www.blok.co.za

THE UPS AND DOWNS OF RESIDENTIAL PROPERTY INVESTMENT

People – and investment – are moving in distinct currents around South Africa. ANTHONY SHARPE unpacks the key trends behind this

The South African property market is subject to a heap of influences, from working habits and economic factors to infrastructural issues and social mobility. These are manifesting in some noticeable trends, including demand for spacious homes and lifestyle estates, semigration to less populated areas and a growth in buy-to-let and rent-to-buy investment opportunities.

MORE SPACE, MORE SECURITY

Giovanni Gaggia, co-founder and CEO of Real Estates Services, says there has been a tangible rise in demand for spacious homes and lifestyle estates, particularly in suburban and semi-rural areas. “This trend is largely driven by homebuyers seeking more space, enhanced security and a better quality of life, particularly in the wake of changing work patterns that allow for greater flexibility. Buyers are increasingly prioritising properties that offer a combination of tranquillity and modern conveniences, leading to a surge in demand for gated communities and lifestyle estates.”

Gaggia says South African buyers are typically attracted to lifestyle estates by their

state-of-the-art security, green open spaces, recreational facilities and access to quality schools. “Additionally, smart-home technology, energy efficiency and off-grid capabilities, such as solar power and boreholes, have become significant drawcards, aligning with buyers’ growing concerns about sustainability and self-sufficiency.” It’s a sentiment echoed by Samuel Seeff, chairman of the Seeff Property Group, who says properties with more space allow property owners to install their own solar and water tanks to help mitigate the impacts of service delivery failures.

ESTATES CATERING TO BROADER DEMOGRAPHICS

Dr Andrew Golding, CEO of the Pam Golding Property Group, has seen a consistent rise in demand for lifestyle estates. “According to Lightstone, in 2009 just eleven per cent of all homes sold were located within estates. By 2023 and during the first half of 2024, this had risen to fifteen per cent of all sales.

Fast fact

The Residential Property Price Index (RPPI) tracks price changes for residential properties, such as houses, townhouses and flats, purchased by private individuals. Nationally, the RPPI saw a 3.5 per cent increase over the 12 months leading up to March 2024.

Source: Statistics South Africa

Lightstone also estimates that there are more than six thousand five hundred gated communities and estates across South Africa. While these account for five per cent of total housing stock, they account for about fifteen per cent of total housing value. While freehold properties account for the largest percentage of housing stock in South Africa, estates appear to be the fastest-growing sector.”

Dr Golding says these developments have also diversified beyond golf estates for the well-heeled. “There is continued robust development in estates, particularly in sectional title homes and retirement developments, as living in estates extends to a wider audience. Some developers have identified this market as a growth sector – but at a more affordable price point than the earlier estates. What started as golfing estates has proliferated from being an option only for the affluent to being more broad-based, with estates increasingly catering to a wide range of incomes, sometimes within a single estate.

From a cost perspective, Dr Golding says, the appeal of estates is obvious: “Primarily security and the delivery of services, but also the lifestyle offering – with access to shared facilities that many homeowners would not be able to afford on their own, as cost and maintenance are shared across all homeowners – regardless of income. This can range from small golf estates to essentially ’private cities’ with schools and business centres within a larger estate.”

“IDENTIFYING PROPERTIES IN WELL-CONNECTED, GROWING REGIONS WITH STRONG RENTAL DEMAND IS KEY TO LONG-TERM

GAGGIA

A BOLD VISION: RABIE’S DEVELOPMENT PIPELINE FOR 2025

RABIE PROPERTY DEVELOPERS is embarking on one of its most ambitious phases with a R2.5-billion pipeline of developments for 2025 poised to reshape Cape Town’s urban landscape. Covering Century City, Burgundy Estate, Kuils River and Paarl, these projects reflect a commitment to sustainable growth, innovative design and integrated community living

As Cape Town expands, balancing urban growth with sustainability is crucial. Rabie’s latest developments tackle this challenge head-on, introducing contemporary residential, commercial and mixed-use precincts that prioritise smart planning, connectivity and lifestyle enhancement. With a history of delivering sought-after spaces that meet market demand and long-term urban needs, these projects signal a new era of smart urban growth.

BUILDING COMMUNITIES, SHAPING THE FUTURE

Rabie isn’t just building homes; it’s creating connected, lifestyle-driven communities. From Century City’s urban energy to family-friendly estates in Burgundy Estate and Kuils River and resort-style retirement at Oasis Life, every development re ects innovation and sustainability.

With sell-out successes and a proven ability to anticipate market demand, Rabie continues to shape Cape Town’s property future, delivering developments that offer both lifestyle and investment value.

CENTURY CITY: A BENCHMARK IN URBAN EXCELLENCE

Century City is one of Cape Town’s premier mixed-use precincts, blending business, leisure and residential living

Since the late 1990s, Century City has grown into a dynamic hub between the central business district (CBD) and the Northern Suburbs, attracting businesses and homeowners with its innovative urban planning, top-tier amenities and commitment to sustainability.

At its core is Intaka Island, a 16-hectare wetland and bird sanctuary, home to 231 indigenous plant species and 120 bird species. This natural haven underscores Century City’s dedication to biodiversity and offers a tranquil escape within the city.

Sustainability isn’t an afterthought; it’s built into the precinct’s DNA. Green spaces, treated ef uent irrigation and smart resource management create an eco-conscious, community-driven environment. The Century City Property Owners Association ensures that security, landscaping and maintenance standards remain world-class, preserving the area’s reputation for excellence.

A LIVING CANVAS

Great precincts go beyond infrastructure; they shape culture, identity and experience. Century City embraces this philosophy, making art an integral part of its landscape.

The Century City Arts Foundation drives this vision, curating an ever-evolving Art Trail that weaves through the precinct. Notable installations include Anton Smit’s bold sculptures and the eye-catching “I Love Century City” mural, enriching public spaces and fostering a sense of place.

Public art isn’t just decoration; it fuels engagement, sparks conversation and enhances urban life. Century City’s commitment to culture ensures that this precinct remains more than a location; it’s a community, an experience and a destination.

THRIVING HUB FOR BUSINESS AND INNOVATION

Century City is a premier residential destination and a thriving business and innovation hub. The precinct offers a unique combination of corporate, retail and leisure spaces designed to foster economic growth.

Key factors driving its appeal to corporate tenants include:

• Prime location: strategically situated between Cape Town’s CBD and the Northern Suburbs with easy access to major highways and Cape Town International Airport.

• Comprehensive transport network: the Public Transport Interchange connects commuters via MyCiTi and Golden Arrow bus routes, enhancing daily accessibility and providing a reliable, integrated transport system.

• Smart-City initiatives: advanced technology solutions improve urban ef ciency, safety and sustainability within the precinct, including real-time traf c monitoring and renewable energy solutions.

• Green building principles: new commercial developments prioritise eco-conscious designs, energy ef ciency and smart resource management. The precinct has more than 20 green-certi ed buildings, reinforcing its commitment to sustainability and responsible urban planning.

• User-friendly design: ample parking, walkable infrastructure and well-maintained open spaces ensure ease of movement for businesses, employees and visitors.

GREEN SPACES, TREATED EFFLUENT IRRIGATION AND SMART

RESOURCE MANAGEMENT CREATE AN ECO-CONSCIOUS,

COMMUNITY-DRIVEN ENVIRONMENT.

KEY COMMERCIAL DEVELOPMENTS

Rabie is driving Cape Town’s commercial evolution with high-performance, future-ready spaces built for business success in response to market demands.

• Junxion Park: fully let and nearing completion, this cutting-edge development will be ready for occupation in July 2025. Designed for flexibility, it offers premium office and retail spaces with a 4-Star Green Star rating and EDGE Certification, reinforcing Rabie’s sustainability-first approach.

• Continuity House: a dynamic workspace for modern enterprises, featuring flexible office space in close proximity to top-tier amenities and excellent transport links. Located adjacent to the Public Transport Interchange, it ensures seamless connectivity for businesses and commuters alike.

With sustainability and integrated infrastructure at its core, Rabie creates commercial environments where businesses don’t just operate; they thrive.

A SEASON OF SELL-OUT SUCCESS

Rabie Property Developers has seen a wave of sell-out successes, reaffirming the demand for well-designed, high-quality homes in Cape Town. Recent developments in Burgundy Estate and Century City have drawn overwhelming buyer interest, setting new benchmarks for sought-after residential communities.

From Rhapsody’s low-rise apartments to Junixe’s freestanding homes, Rabie’s developments provide the perfect blend of comfort and community. Meanwhile,

On Park in Century City delivers modern apartments with panoramic Ratanga Park views, combining urban convenience with outdoor tranquillity.

The rapid sell-out of these projects, among others, underscores the demand for secure, sustainable and lifestyle-driven developments.

As Cape Town’s property market evolves, Rabie stays ahead, delivering developments that align with a modern-day lifestyle while fostering a sense of community.

The success of Rhapsody, Junixe, On Park and others highlights Rabie’s reputation as a visionary developer.

With new projects on the horizon, Rabie Property Developers remains committed to quality, sustainable growth and customer satisfaction – a promise that defines its legacy.

EXCITING NEW ADDITIONS TO THE RATANGA PRECINCT

The Ratanga Precinct is expanding its live-work-play appeal with vibrant new attractions

• Indoor padel court: one of the fastest-growing sports will soon be available in Century City, offering five indoor courts.

• Clay Café: a creative space for pottery painting, team building and relaxed dining, perfect for all ages.

• Casa Bella: authentic Italian dining coming to Junxion Park.

• Helistop: scheduled helicopter flights for premium business and leisure travel.

These additions cement the Ratanga Precinct as a dynamic hub for recreation, dining and connection in a safe and secure environment.

RATANGA PARK’S GRAND FINALE: THE BRIDGES

The final piece of Ratanga Park’s residential story is set to launch soon in Century City. The Bridges, a landmark waterfront development,

introduces a new era of modern living – where urban energy meets outdoor adventure.

Set along the Century City canal, three architecturally striking buildings will offer studio, one- and two-bedroom apartments in various sizes to meet current property demands. Offering panoramic views of Ratanga Park’s greenery and Table Mountain these units are designed for a lock-up-and-go lifestyle. Residents will enjoy access to a clubhouse, play area and scenic walking paths.

For those who love to stay active, The Bridges is steps away from the best outdoor amenities – from running and cycling trails to paddling, stand-up paddleboarding and kayaking.

Stay tuned for the official launch and secure your place in this exceptional new address.

SKYWATER – A NEW ERA OF CONNECTED LIVING JARDINE – A NEW CHAPTER IN BURGUNDY ESTATE

Century City’s urban evolution continues with Skywater, an exclusive residential development on the water’s edge, combining chic design, seamless connectivity and investment potential.

With limited residential opportunities still available in Century City, Skywater is a rare chance for investors, professionals and first-time buyers to secure a home in one of Cape Town’s most sought-after precincts. Smartly designed apartments maximise space, natural light and indoor-outdoor flow, offering the perfect blend of convenience, lifestyle and long-term growth potential.

Whether you’re after a lock-up-and-go city pad or a smart investment, Skywater puts you at the heart of it all.

Now Selling from only R1.5M.  For more information visit: www.skywater.capetown

A fresh opportunity awaits in Burgundy Estate with Jardine – a secure, landscaped community of 66 freestanding homes designed for modern, easy living.

Set against the Durbanville Hills, just 10 minutes from Century City, Jardine offers spacious two- and three-bedroom homes with private gardens, ideal for an indoor-outdoor lifestyle. Designed for young professionals, families and investors, these open-plan residences offer contemporary aesthetics with everyday practicality, featuring fibre connectivity and energy-efficient elements. Beyond the homes, residents will enjoy secure parks and landscaped gardens, creating a relaxed, social atmosphere. With top schools, shopping, restaurants and recreational spaces nearby, Jardine is the perfect place to put down roots in a vibrant, family-friendly environment.

With more than 70% of units already sold on launch weekend, there are only a few homes left at launch prices. For more information visit: www.thejardine.co.za