umraniye escort
escort kusadasi
bitcoin casino
gazianteptube.com
escort ankara bayan
pendik escort
kadikoy escort

Profica News

rss

News, announcements and articles from Profica

Hotel season is firmly underway at Profica as the project management of a number of different hotel developments is undertaken simultaneously across East, West and Southern Africa.  With a string of successful projects to Profica’s hospitality bow on the continent and beyond, the teams are bringing vital experience to bear in completing these projects as major players in the industry expand across Africa.   In Lagos, Nigeria, Profica’s West African teams will be providing comprehensive project management for two hotel developments; the Four Seasons Hotels and Resorts, and an Accor-operated Novotel hotel, which is one of the luxury brands within the Accor group.

Gateway.jpg

When extensive renovations were planned for Umhlanga's popular shopping centre, Gateway Theatre of Shopping, it was acknowledged that this would be a significant undertaking.  Undoubtedly it was to be one of the largest alterations, additions, and refurbishments of an active shopping centre in South Africa and certainly the largest ever in Kwa-Zulu Natal. The Client, Old Mutual Properties, turned to Profica to provide principal-agent, project management, and tenant coordination services on the project.  No stranger to Old Mutual, Profica has worked with the company on numerous occasions, including an appointment on the major development of their iconic head office in the heart of Sandton.

Beukes van Heerden, Head of Capital Projects for SADC at award-winning property and construction solutions company, Profica, considers refurbishments and new developments in South Africa’s challenging office market.

It has been predicted this year that among South Africa’s three major commercial segments, office space will be the biggest loser.  With a stubbornly high vacancy rate that sees Johannesburg at its highest peak since 2010 at nearly 13%, this is unsurprising given that offices are largely driven by economic growth.  Despite these high vacancies, new development activity continues in certain nodes in Johannesburg, with reports anticipating that around 106,420m² of space will come onto the market in high-end nodes during this year and into next.  Added to this is a flurry of refurbishments and renovations.  Between the often-conflicting needs of property developers and owners, what does the market need? 

Financial-services-news.jpg

A flurry of development for financial services companies in Africa has Profica’s teams in East and West Africa flexing their in-country development and project management skills to ensure sterling results for their clients.

Kenneth-Oigo.jpg

Kenneth Oigo, Associate Director:  Head of East Africa at Profica, which has extensive knowledge and experience on the continent with representation in 10 African countries as well as in the UAE, highlights key areas where robust cost management can extract value as well as looking at how the adoption of innovative technical considerations can deliver construction efficiencies.