Route 21 Corporate Park

Abacus DIVISIONS sells out all stands at Rietvlei Industrial Estate

Org (22)

Property development and marketing company, Abacus DIVISIONS, has announced that has sold all the stands –totaling more than 123 000 square metres -at its recently launched Rietvlei Industrial Estate.

Said Org Geldenhuys, managing director of Abacus DIVISIONS: “It has been an absolutely phenomenal start to the New Year-and this just shows how popular industrial stands are right now. The industrial market is pushing growth in the commercial property market.

“But to sell 30 stands, in just a few weeks, signals that perhaps we are coming out of the property doldrums – and points to the fact that the greater Irene area is a highly popular one with developers,” said Geldenhuys.

He said the company even has a waiting list of interested buyers, in case some buyers “opted out for various reasons”.

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