Centre Forum greenfield residential development, South Africa

14th August 2015 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Centre Forum greenfield residential development, South Africa

Name and Location
Centre Forum greenfield residential development, Gauteng, South Africa.

Client
REIT Octodec.

Project Description
The Centre Forum will be a shopping destination for those who visit the area between Lilian Ngoyi, Struben and Johannes Ramokhoase streets.

The site will be redeveloped into a people-friendly residential and retail hub, in close proximity to where Tshwane House is to be erected.

The gross floor area of the retail component will comprise almost 5 000 m2. Two parking levels will accommodate up to 258 parking bays and the residential section will offer 400 modern, upmarket city apartments, with a choice of bachelor, one- or two-bedroom units.

Value
R375-million.

Duration
This project started in January and is expected to be completed in mid-2017.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Instinctif Partners, on behalf of REIT Octodec, Louise Fortuin, cell +27 71 605 4294.
REIT Octodec, tel +27 12 319 8781 or email info@octodec.co.za.