Route 21 Corporate Park

Vacant industrial land for new developments in Pretoria hard to come by

Warehousing and logistics  companies that require the development of modern warehousing facilities will find that there is a shortage of land in the Pretoria area, especially in the older, more sought after areas, such as Irene. This is according to Org Geldenhuys, MD of property development and management company, Abacus DIVISIONS. “We still have rental … Continue reading

Route 21 Corporate Park

People who have done well in developing residential property should be careful when they try and do the same in the commercial space

People who have done well developing and investing in the residential market should be wary when trying to emulate this in the office or industrial sector as a different set of tactics are generally required to make commercial buildings work, said Org Geldenhuys, managing director of property and development company, Abacus DIVISIONS. “Perhaps one of … Continue reading

Route 21 Corporate Park

Abacus DIVISIONS sells out all stands at Rietvlei Industrial Estate

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 … Continue reading

Route 21 Corporate Park

Abacus DIVISIONS sells out all stands at Rietvlei Industrial Estate – rakes in R105 million

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,  raking in a total of R105 million. Said Org Geldenhuys, managing director of Abacus DIVISIONS: “It has been an absolutely phenomenal start to the New Year-and … Continue reading

Route 21 Corporate Park

The greater Irene area – poised for R10 billion worth of development

Pictured at the Nellmapius bridge is, from left : Org Geldenhuys (Abacus DIVISIONS)  and Mark Streeter (a spokesperson for Irene Land Corporation) Developments and upgrades within the greater Irene area continue unabated with the announcement that the long-awaited upgrade to the Nelmapius Road Bridge over the R21 highway is on track and due for completion … Continue reading

Route 21 Corporate Park

The marketplace wants smaller industrial stands to develop says Abacus DIVISIONS

It appears that industrial property developers are looking at developing smaller properties –certainly in the greater Irene area –and this became evident at the pre-launch of the latest industrial development in Irene, The Rietvlei Corporate and Industrial Estate. According to Org Geldenhuys, managing director of property development and marketing company, Abacus DIVISIONS,  there was an … Continue reading