Construction World January 2015

PROJECTS AND CONTRACTS

Major Johannesburg REGENERATION SCHEME

This partnership will see the joining together of two of the globe’s most innovative companies, with the aim of shaping the future of the built environment in this region. Propertuity and Mace are starting their partnership with the redevelopment of Hallmark House, located in the Maboneng Precinct at the heart of Johannesburg. Due for completion in 2016, this award-winning, mixed-use development will now include both residential and high-end hotel space. “Property is a high-impact industry, it changes people’s lifestyles. At Propertuity we approach this industry with ideas that people say are impossible, that are crazy and won’t work”, says Jonathan Liebmann, CEO and founder of Propertuity. “Partnering with Mace will allow us to continue disrupting normality in a significant way,” says Liebmann. Mace programme director, Jimmy Hanley, said: “Propertuity’s approach to redevel- oping areas of Johannesburg Central Busi- ness District brings a much needed, exciting and unique approach to regeneration. We are delighted to be working together with the team and hope that Mace can help to bring Propertuity continued success.” Propertuity and Mace will be working collaboratively to deliver a series of inno- vations that aim to steer urban regener- ation and the global real estate market towards design-orientated living and working. In order to ensure the teams are properly integrated, Mace will be setting up an office in Propertuity’s latest commercial development, Market Up. About Propertuity Propertuity is an innovative prop- erty development company that uses art, design, architecture and cultural activities to set in motion the trans- formation of degenerated areas into thriving neighborhood destinations. In addition to the redevelopment of the built environment, Propertuity creates projects and strategies and partners with dynamic brands to contribute to the creation of unique communities. Africa’s commercial and cultural vibrancy in a context of exponential urban population growth (the highest in the world) are key drivers for the creation of unique and dynamic neigh- bourhoods. Following the success of The Maboneng Precinct, Propertuity has begun to research and identify opportunities and strategic partner- ships in African and global markets in order to develop rich and substantial neighbourhoods around the world. >

Propertuity, Africa’s leading urban development firm, has appointed international consultancy and construction company, Mace, as project manager and cost consultant partner for a number of upcoming urban development projects in Johannesburg, South Africa.

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Mace will be setting up an office in Propertuity’s latest commercial development, Market Up.

Propertuity and Mace are starting their partnership with the redevelopment of Hallmark House, located in the Maboneng Precinct at the heart of Johannesburg.

CONSTRUCTION WORLD JANUARY 2015