Architect and Builder Magazine South Africa November/December 2014 | Page 18

PROJECTVIEW
NEWMARKET VALUE
CENTRE, ALBERTON

Banking group Nedbank’s corporate property finance division
has entered into a partnership with
Rejem Property Development and
Moolman group company Style Star
Investments for the development of
the R450 million Newmarket Value
Centre, in Alberton.
Nedbank’s corporate property
finance division, acting through
Linton Projects, and Rejem jointly
owned 56% of the undivided shares
of the project, with Style Star
holding the remainder.
Part of the greater Newmarket
Park mixed-use development, the
34,000m2 value centre is expected
to open in October 2015. The centre
is being designed to form part of
an 80,000m² regional shopping
centre in time. The development
site is the old Newmarket racecourse, and Newmarket Park is a
77.3ha property south-east of the
Alberton CBD.

18

Colgate Palmolive
Sod Turning
Ceremony

SERVEST AND COLGATE-PALMOLIVE
SELECT WATERFALL FOR NEW
CORPORATE OFFICES

Atterbury Property will develop offices for
leading companies Servest and Colgate-Palmolive
at Waterfall, which is rapidly attracting leading
corporates and has already claimed its spot among
South Africa’s pre-eminent business addresses.
Noted consumer products company, ColgatePalmolive, will join Waterfall City in an entire 4,241m2
building at Maxwell Office Park. This, the fifth building
in the park, will become its new administrative head
office, and is set for completion in September 2015.
Servest, the leading multi-service solutions group,
has chosen Waterfall’s Logistics Precinct as the prime
location for its 6,650m2 custom-built