Strong demand for retirement housing drives Evergreen’s success

With a high percentage of the population over 55 driving the demand for retirement housing in South Africa, Amdec Group’s Evergreen retirement lifestyle estates are selling fast.

XtraSpace Launches Its Flexi-Office Brand

XtraSpace is proud to announce the launch of XtraSpace Flexi-Office – intelligent workspaces which offer small and medium sized businesses, a turnkey business solution, without the commitment to a lengthy lease.

Liberty Group acquires share of prestigious Melrose Arch Precinct

An acquisition in line with the Liberty Property Portfolio investment strategy 28 February 2014 – Johannesburg Liberty Group Limited, a wholly-owned division of Liberty Holdings Limited, today announced the acquisition of a 25% undivided share in the yield producing assets of the Melrose Arch Precinct, from Melrose Arch Investment Holdings (“MAIH”). Commenting on the transaction Amelia Beattie, Chief Investment officer, STANLIB Direct Property Investments, the asset managers for the Liberty Property Portfolio, said: “We are excited to include Melrose Arch in our portfolio of premium quality assets. The new partnership will enable us to maximise the long-term sustainable investment performance of this quality asset. “We continue to look for opportunities to re-balance, upgrade and restructure the Liberty Property Portfolio to support the investment strategy of delivering on the benchmark of CPI plus 5% per annum over a rolling five-year period. ...

Amdec and AFHCO complete office to residential conversion in the Johannesburg Inner city

Inner city improvements continue apace. In New Doornfontein on the East side of central Johannesburg where Amdec Property development in joint venture with AFHCO recently completed a further successful development for the node, following the highly successful 120 End Street and Khan Corner developments.