Increasing property value through local area partnerships
Traffic is jamming, electricity is tripping, water is restricted, storm water is run off and sewage is flowing. With rapid urbanisation, the demands on South African cities’ municipal services are increasing at an unrelenting rate. The rise of sustainable precinct
Currently the incremental changes of small property entrepreneurs are making a massive impact in Johannesburg’s inner city where brownfield residential redevelopment offers significant contributions towards economic development and urban regeneration in the CBD, but red tape radically reduces their potential
“There is an argument to be made, that you can, to some extent, control land values if you control a larger area,” says Martin Kearns, Development Executive at the V&A Waterfront. In 2011, Growthpoint and the Public Investment Corporation together bought the