Estate Living Magazine Alfresco Living - Issue 36 December 2018 | Page 6

Rabie
planning national footprint
of retirement villages
Leading Western Cape-based
developer Rabie Property Group
is launching three new retirement
villages in Cape Town within the
next eight months, and is planning
a to roll out a national footprint of
villages in the next five to 10 years.
there is huge potential in this market for superior products that offer
a really great lifestyle for residents.
‘The first three villages in Cape Town, which will be developed at a
cost of around R2.5 billion, are just the start. We are also exploring
opportunities in other major centres and plan to roll these out in the
not-too-distant future.’
The launch of Oasis Life follows the successful sell-out of Rabie’s
Oasis Luxury Retirement Resort in Century City, where all 376
sectional title apartments were sold out six months ahead of the
sixth and final high-rise apartment block being completed.
The villages, which will all be based on the life right model, are to be
launched under a new brand – Oasis Life.
Cohen says that Rabie, which has a proud 40-year track record
of delivery and has been responsible for many of the country’s
4 |
Rabie CEO Leon Cohen says that, with people living longer and the landmark developments including Century City, West Lake, Royal
current shortage of options for people as they get older, he believes Ascot, Burgundy Estate and Clara Anna Fontein, has successfully
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