Old Mutual Property

Co-owners pump R2bn into Menlyn Park Shopping Centre redevelopment

Pretoria’s Menlyn Park Shopping Centre is undergoing a major redevelopment by the co-owners, Pareto Limited and Old Mutual Life Assurance Company, in a R2 billion expansion project that will add a host of top retailers to the existing tenant mix.

Demand triggers record property sales in Cape Town CBD

Cape Town’s inner city is emerging as one of South Africa’s strongest residential growth nodes‚ with the combined rand value of all central business district (CBD) property sales increasing by a whopping 72% last year.

R1,6 billion Cape Town CBD office development could prompt more corporates to look at UDZ tax scheme

The R1,6 billion landmark co-development office project planned by FirstRand and Old Mutual for the Portside site in Cape Town’s central business district could prompt other corporates to follow suit and invest their capital in upgrading or constructing new buildings within the demarcated urban development zones (UDZs) in South Africa.

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