Profica is proud to have implemented innovative new OpenSpace technology on behalf of Nedbank CIB on a large capital project in South Africa. Profica’s Jaco Nel spoke at the International Housing Solutions Conference (IHS) on the success of the technology.
Renowned hospitality and development group FLYT Property Investment has selected popular Rosebank development Saxon Square as the company’s first managed development in Johannesburg, extending the group’s footprint from the Western Cape. The partnership with lead developers TriStar Construction enhances Saxon Square’s offering to investor-owners with a comprehensive short-term hospitality and rental management solution. Investor-owners will benefit from a fully managed on-site solution that offers tenants the privacy and comfort of apartment living, with the convenience and service of a hotel.
Occupying a prestigious address in Johannesburg on Oxford Road, Saxon Square presents luxury, industrial chic apartments at an impressively affordable price point. Malose Kekana, Chairman of TriStar Construction, says investors have been snapping up the opportunity. With pre-sales targets reached in record time, construction is due to start soon.
The biggest realisation in the post-Covid workplace? Massive office space and corner office culture is a thing of the past. The age of agile working is here, and it has great appeal for the workforce and employers alike. This new paradigm of employee choice is empowering to individuals and teams; it has multiple benefits for business productivity, talent attraction and retention and the bottom line. It also has implications for property and space. Employers are realising that, after the initial outlay on smart design and technology, office space overheads can be cut to a fraction of what they were. At the same time, employees are questioning what advantages going back into the office really offers.
The first biophilic development in Africa has been launched and will see a 24-storey living, breathing, mixed-use building emerge in Cape Town’s CBD.
Profica is proud to be the appointed project managers for this forward thinking developer, says Profica CEO Tim White. “It is great to see that vital sustainability principles are being integrated from the outset, harnessing the expertise of leaders in their fields including botanists, architects, engineers and sustainability experts.
Shorter commutes, a lock-up-and-go lifestyle, having everything you need close by – a convenient location with many amenities is central to the ultimate live-work-play lifestyle that appeals to millennials. The connected, trendy hub of Rosebank in Johannesburg is seeing continued rapid growth in response to the demand for compact, affordable properties, with a number of new developments and redevelopments currently underway. Newly launched Saxon Square in Oxford Road, targeted at young professionals, has recorded more than R 70million in sales in just 10 weeks.
Profica is proud to be part of the team behind HQ Sandton as we create a unique vertical living park in the heart of Africa’s richest square mile, adjacent to Mushroom Farm park. The development is home to 11 floors of apartments and unrivaled lifestyle amenities, including South Africa’s largest rooftop garden, iconic restaurants, bars, and infinity pools, a gym, recreational areas, co-working spaces, work pods, and boardrooms.
Anyone for coffee? We’re excited to be part of the phenomenal growth story of Java House as we open a new branch in Kenya. Java House started in 1999 with the aim of introducing a gourmet coffee drinking culture in Kenya and has evolved to a coffee-led, casual dining concept. Java House is now one of the leading coffee brands in Africa and has grown to have outlets in 14 cities across East Africa in Kenya, Uganda and Rwanda.
We wrapped up our 10th anniversary year in Nigeria in 2021 with the completion of a new 9-storey commercial office building on Gerrard Road in Ikoyi, Lagos. This is the third landmark office building to be completed by Profica in Lagos since the start of the pandemic.
Piling has been completed for the new Novotel Victoria Island Lagos, and we now have approval to appoint the main contractor. The hotel looks set to shake up the hospitality scene in the Victoria Island district of Nigeria’s largest city, one of Africa’s biggest commercial and financial hubs, standing out as a stylish space for guests and local residents to meet, relax, dine and socialise.
The hotel’s 168 rooms and suites will be complemented by an all-day dining restaurant, a lobby bar, a pool bar, a swimming pool, a gym and 400 sqm of banqueting and meeting spaces. It is also being developed as a green building to meet the International Finance Corporation’s EDGE (Excellence in Design for Greater Efficiencies) certification.
Work is going well with the flagship new headquarters for Stanbic IBTC Pension Managers Limited in Nigeria as we project manage the development and build of a state of the art home in Victoria Island, Lagos for this dynamic financial brand. Piling was completed ahead of schedule and we’re making good progress on the foundations and structural works. Great to be in the ground on this project in the year we celebrate a decade in Nigeria.
Profica welcomed previous Vacation Programme students Joshua Tsoai and Neo Mabuza into the company’s 12-month experiential Intern Programme in South Africa this year, continuing Profica’s support of young professionals in the construction industry. Through the programme, graduates get the chance to develop their project management skills under the guidance of seasoned industry professionals. Both Joshua and Neo are BSc (Hons) in Construction Management graduates.
Profica is focused on skills development, with a variety of initiatives in place, including a Vacation Programme, Internship Programme and Bursary Programme, to ensure students and graduates can benefit from valuable work opportunities and that a pipeline of fresh talent is coming into the industry.
A warm welcome back to familiar experts Stewart Horne, Mike Sankey, Pasteur Kawadio and Dave Harris. Great to have you bringing your skills and energy to the Profica team again on new projects.
Gomo joins the team as a Quantity Surveyor in the Occupier Services team working from the Profica Rivonia Office.
She will be joining PROFICA as an Intern – Assistant Project Manager – working with Hazel Chigumira on the Life HealthCare projects.
After an extensive recruitment process Miranda has agreed to rejoin the Finance team as a Group Financial Controller working from the Profica Rivonia Office.
Joins the team as the Junior Accountant for Profica based in the RSA, Rivonia Office in Gauteng.
Vice joins us as a Construction Manager on a six months contract for the South 32 Project – working along side Russell Cloake in the Occupier Services team.