Construction Maison

It was only four years ago that Africa’s richest square mile became the destination of choice for SA’s major financial firms , sparking the largest commercial property development boom of the decade. Corporates including Investec , Nedbank, RMB and the JSE were the early movers into Sandton during the 2000s, and several firms have since followed suit. Sasol, Webber Wentzel, Alexander Forbes, EY, and Bowman Gilfillan have anchored their main offices in Sandton in recent years while Discovery and Old Mutual Emerging Markets will soon pile into the area. Property developers believe the catalyst for Sandton was the advent of rapid rail system Gautrain in 2010, which unleashed billions of rands in office, retail and residential property developments . Over the last three years, developers launched high - rise luxury apartments , piggy-backing on the relocation of corporates into the area that would, in theory, create demand from buyers who desired to live closer to work. However, the s...

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CBRE SL Green sells suburban office property for $97M SL Green and TH Real Estate have sold Stamford Towers in Stamford, CT for $97 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties represented the sellers. CBRE Global Investors purchased the Property. Stamford Towers is comprised of two adjacent Class A office buildings located in the Stamford CBD, one block from the Stamford Transportation Center . The property is also near the 722,000 s/f Stamford Town Center Mall (anchored by Macy’s, Barnes & Noble, H&M, and Saks Off 5th) as well as dozens of restaurants and retails options. Stamford Towers is currently leased to institutional and high credit tenants , including Citigroup, UBS Financial Services , H/ 2 Credit Manager , Titan Advisors, Gerald Metals, Bank of Ireland, Oaktree Capital, Oppenheimer, CoreCommodity and Newmark, among others. Recent capital improvements include the addition of a fitness center and basketball court, c...

Here’s some real estate news of possible interest. Three properties on Towering Heights Boulevard in south St. Catharines recently sold for $37.7 million. Real estate records show the seller was George Wakil and Company Ltd. of White Oaks Resort and Spa fame; the buyer was Kingston- based Homestead Land Holdings Ltd. The key piece was the 135- unit Crown Tower apartment building , which, at 17 storeys, is St. Catharines’ tallest edifice. I doubt which company owns what apartment complex in the city is of much interest to anyone but residents of the buildings. And, for all I know, maybe these dwellings change hands on a regular basis. What makes this transaction potentially interesting for a broader audience, though, is the state of the other two parcels. They’re vacant, raw land. The larger piece, on the northwest corner of Towering Heights Boulevard and Glen Morris Drive , is 4.42 acres. The smaller one, across the boulevard, is 2.48 acres. Homestead Land Holdings is a fair...

closed starting Wednesday ." /> This stretch of Lincoln Avenue between Belden and Fullerton avenues will be closed starting Wednesday . View Full Caption DNAinfo/Ted Cox LINCOLN PARK — Lincoln Avenue will be closed Wednesday through Friday as a construction crane is installed for the south tower of the Lincoln Common development . According to the latest Lincoln Common update , excavation and work on the earth- retention system continues this week. A pedestrian canopy above the Fullerton Avenue sidewalk to the north also will be erected. With the foundation for the south tower's construction crane having been poured last week, the crane will be installed Wednesday through Friday. That will require Lincoln Avenue be closed all three days for about a half block from the three-way intersection with Orchard Street and Belden Avenue and Orchard Street to the parking garage at 2316 N. Lincoln Ave. The sidewalk on the east side of Lincoln Avenue also will be closed those ...

Facades are a reflection of an architect’s creative vision. It’s the first thing we notice about a building while the design and materials used reveal much about the identity and what’s on offer inside. Richard Francis-Jones is design director for fjmt, the architects behind Sydney’s latest architectural landmark , the mixed-use King & Phillip development . The project, which is scheduled for completion in 2020, features a stunning facade that incorporates curved glass and perforated bronze -coloured screens to create the impression of a shimmering golden tower . “Architects are definitely spending more time on facades in their designs, all around the world,” Francis-Jones says. “I think there is much greater recognition of them. Not only do they contribute to the character and identity of our streets and public spaces but equally as important is the way they perform and the way they work.” bronzed exterior encompasses the entire building." /> Sydney development King + P...

"We had some delays but have gotten our permits from the city and have started," developer Craig Hall said. "These things always take longer than you expect." The 25-story tower will include 44 condos starting at price at $2 million. The 183- room Hall Arts hotel will be next door. "This is another step forward in downtown's revitalization," said John Crawford with Downtown Dallas Inc. "The project will be exceptional bringing with it new and unique exposure as downtown continues to evolve as a special urban environment ." Dallas architect HKS designed both the condo tower and the hotel with will be across the street from the Winspear Opera House and will include retail space on the ground floor along Flora Street. The construction is next door to Hall's 18- story KPMG Plaza office tower - the first phase of his 2- block Hall Arts development . The project will take just over two years to complete. It's one of three new residen...

caption The asking price for the GOT-esque villa in Estepona, near Marbella, is non-negotiable. source AIDA Inmobiliaria A Casterly Rock- style medieval castle on Spain’s southern coastline could be the perfect draw for “Game of Thrones” fans who want a piece of sunny paradise. The property, complete with towers, gargoyles, and even a drawbridge, is up for sale on the Costa del Sol for a mere €760,000 (£690,000). Spanish estate agent AIDA inmobiliaria is handling the sale of the dramatic home located in Estepona, close to the popular beach resort of Marbella. Local authorities initially did not grant planning permission for the project because it did not keep with the style of the houses in the upmarket residential area , Javier Flores, who is leading the sale, told Business Insider . But officials were eventually persuaded. The owner has sourced materials for the project from far and wide with no expense spared. As well its Game of Thrones-like features, the property has fo...