Africrest Properties has almost completed the rejuvenation of their creative hub known as ‘Design District’ in Rosebank, located on the corner Thyrwhitt Avenue & Keyes Avenue.
“The building has already attracted major international companies. Recently leases with Fox International Channels Africa (the television network) and Universal Music have been concluded,” comments Justin Blend of Africrest.
Some of the other tenants in Design District include Trace (the TV channel), SA Fashion Week and The Loerie Awards.
Randall Abrahams, CEO of Universal Music comments, “It is energizing to tenant a building where all your neighbouring tenants are in a creative space – music, television, fashion. Working with Africrest Properties has been a pleasure and the move has gone smoothly considering the very tight time frames and the building’s revamp”
Alessandro Tucci SVP and GM of Fox International Channels Africa comments, “We are pleased to be in a central creative space close to all the amenities of Rosebank including hotels and the Gautrain, the environment is perfect for a business of our nature”.
Nick Katsapas of Africrest Properties comments, “We are aggressively growing our portfolio through the acquisition of buildings where we can add value through efficient hands on asset management and where necessary renovate buildings when the opportunity presents itself”. Africrest’s portfolio consists of office, retail and industrial properties in high growth areas.