Large property groups are literally buying tenants by luring them over to their property portfolios by offering to take over their current leases. On top of this, they are also providing extremely desirable replacement leases. This is according to Org Geldenhuys, managing director of property development and management company, Abacus DIVISIONS. “What we are seeing,” … Continue reading
The move towards security-focused office parks is definitely on the increase as more tenants – when renewing rental contracts – are migrating to safer premises, feeling they are getting more “bang for their buck”… This is according to Org Geldenhuys, MD of Abacus DIVISIONS, the property development and management company, who said companies from outlying … Continue reading
It has been a few years, and Route 21 Corporate Park is almost 1o0% full. Currently there are only two stands left in the park, and we are so happy that the park has such an amazing success rate. The park boasts some of the most beautiful buildings and architectural designs, and every business in the … Continue reading
While the warehousing market is showing signs of rapid growth, there is a concomitant trend that sees the bulk of these warehouse developments being paid for by owner –occupiers – which signals the possibility that faith is returning to the commercial property market. This is according to Org Geldenhuys, MD of property development and marketing … Continue reading
Irene area in boom times as 500 000 square metres of bulk are about to be developed for mixed-use property development. A number of leading property developers are squaring up to develop approximately 500 000 square metres of bulk in the greater Irene area, which have now been approved, and is earmarked for phased development, … Continue reading
There are definite indications that the warehousing and distribution market is set to boom in the greater Irene area, in Pretoria, and possibly in a wider area, said Org Geldenhuys, managing director of property development and management company, . He said developments concluded via sales through his company, alone – in just one week – … Continue reading
Abacus DIVISIONS News 