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25

CONSTRUCTION WORLD

JANUARY

2015

PROJECTS AND CONTRACTS

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.

Major Johannesburg

REGENERATION

SCHEME

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.

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 and Mace are starting their partnership with the redevelopment of Hallmark House, located

in the Maboneng Precinct at the heart of Johannesburg.

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