PPI Market Update - Some of the more poignant deals concluded by Portfolio Property Investments
Hello to all our valued clients, newsletter subscribers and fellow property investors. From this month onwards we will be introducing a new feature to our Newsletter which will be highlighting the poignant deals we have concluded the month before. Unfortunately, we cannot include all of our successful transactions but instead will focus on specific properties that highlight our diversity within the property market.
This idea has been brought about from feedback received by our newsletter subscribers and will be introduced by us with a view to:
- Informing our valued database of our recent success stories
- Providing valuable exposure to our clients
- Remind our valued database of clients that we can offer a one stop boutique type service across the property spectrum being, Residential, Industrial and Commercial Property, Sales, Lettings and Property Management.
This months featured deals are:
INDUSTRIAL
20 Kyalami Road, Westmead Industrial Estate – Landlord: SA Corporate Real Estate Fund, Tenant : Independent Food Processors. This immaculate free standing facility boasts a large yard and 2000m2 of GLA.
19 Suffert Place, Pinetown – Landlord: SA Corporate Real Estate Fund, Tenant: Falcon & Uniplate. A newly refurbished retail / warehouse facility for a fast growing and dynamic tenant. A win / win for all concerned.
COMMERCIAL
1 Frosterly Park, Umhlanga Ridge – Landlord: Growth Point Properties, Tenant: Fempower a division of the Workforce Group. These immaculate premises were a perfect fit for a fast growing division within a massive group.
RESIDENTIAL
18 Glen Eden – This stunning 3 bed La Lucia Simplex with seaviews and private pool was recently sold and concluded by us.
Monteith Stunner – This glorious 6 bed Durban North Mansion was let out by us to an International Shipping concern on a long term lease.
So folks those are some of the transactions concluded by us. Please do not hesitate to contact me Yianni Pavlou on +27 82 494 4555 or on email [email protected] if you have any properties you would like to sell or lease.
