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Newtown motor dealership development project, South Africa

4th November 2016

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name of the Project
Newtown motor dealership development project.

Location
The project is being developed on the northern edge of Newtown, across the railway lines from Braamfontein, in Johannesburg, South Africa.

Client
Atterbury, in joint venture with Old Mutual Properties and Stephen Nale Properties.

Project Description
Atterbury is building showrooms and service facilities for two new motor dealerships – Joburg City Auto BMW and Joburg City Auto Ford.

The top-branded motor dealerships represent the third major tranche of development Atterbury has undertaken in Newtown in recent years.

Jobs to be Created
An estimated 180 jobs will be created during the construction of the project, which will support 160 jobs.

Value
The project is valued at R170-million.

Duration
The dealerships will open on July 1, 2017.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Atterbury, tel +27 10 596 9800, fax +27 10 596 9801 or email enquiry@atterbury.co.za.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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