The Foschini Group warehouse project, South Africa
Name and Location
The Foschini Group (TFG) warehouse project, Gauteng, South Africa.
Client
TFG.
Project Description
The project involves the development of a 22 000 m2 distribution warehouse for TFG, in the Lords View Industrial Park, in Midrand, Gauteng.
The warehouse will initially be used to store @homelivingspace furniture and Foschini footware products, but will, over time, be expanded to house additional products.
The development allows for the facility to be extended by an additional 15 000 m2.
Value
R150-million.
Duration
Not stated.
Latest Developments
Specialist industrial property manager and developer Equites Property Fund has concluded an agreement with major-listed retailer TFG for the construction of the warehouse.
Key Contracts and Suppliers
Equites Property Fund (project development).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Equites Property Fund CEO Andrea Taverna-Turisan, tel +27 21 460 0404.
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