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PROJECTS AND CONTRACTS

About Propertuity

Propertuity isn’t your conventional prop-

erty-development company. Using a

combination of architecture, art, design

and culture, these curators of lifestyle

re-energise

degenerated

neighbour-

hoods. Propertuity has its headquarters

in Johannesburg and a staff of 33, over-

seen by founder and CEO Jonathan Lieb-

mann, chief operations officer Neville

Bear, and financial director Ricky Luntz.

Funding partners include Nedbank (with

loan agreements in excess of R100-mil-

lion between both entities), the TUHF

Group of Companies (which focus on

urban regeneration, BEE and sustainable

business ventures) and Futuregrowth

(a specialist investment company that

manages investments in to sustainably

enrich the lives of all).

Maboneng Precinct. By 2013, the Propertu-

ity’s Maboneng Precinct portfolio encom-

passed 40 buildings.

Ken Reynolds, regional executive of

Nedbank Corporate Property Finance, which

is funding the project, says: “The funding

illustrates our commitment to the regener-

ation of South Africa’s urban environments,

which we believe Propertuity has achieved

admirably through its Maboneng Precinct,

and we have no doubt that Hallmark House

will add value to the precinct.”

The Hallmark House project is being

managed to global standards by consulting

engineers ARUP, and MACE Group are the

project managers.

Images © David Adjaye Associates

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