Africrest
Africrest Properties owns, re/develops and manages office, retail, industrial and residential property
At our core, we have a deep dedication to the upkeep of our properties as well as the well being of our residents and commercial tenants. Our mission is to ensure the impeccable management of our buildings, driven by the firm belief that exceptional management fosters thriving communities and businesses, ultimately culminating in a happier and more productive society.
We manage all our properties in-house.
We are unique in that each residential estate has its own estate office with full time property management and maintenance teams. This ensures our residents’ issues are resolved in less than 24 hours. Our occupancy and renewal rates, which consistently surpass industry standards, serve as a clear indicator of the exceptional level of service that our residents experience.
Our commercial property managers oversee +-40 tenants each while the average for most other companies is +-200 tenants. This way, we can give each tenant a lot more time and attention and take care of the properties so that our tenants can focus on their businesses. Our commercial vacancy levels are generally in the range of 3%-5% in stark contrast to the industry norm of +-14%.
We encourage all potential tenants to speak to our existing tenants about how we manage our buildings before committing to a lease.
We always strive to be dynamic and forward thinking to better both society and the environment, Africrest was therefore one of the first South African property companies to have placed solar panels on the majority of our portfolio.
To date we have installed over 2,724 solar panels and it is estimated that since inception we have saved over:
We have also recycled over 6 662 675 litres polystyrene that was destined for landfill sites across Gauteng. This is equivalent to 556 fully loaded garbage trucks of Polystyrene packaging that has reached the end of its life cycle.
Most of our properties have the following green features:
"WFP and Africrest liaise closely on various building management matters including but not limited to general maintenance, upkeep, leasehold improvements and construction-related. Africrest has a dedicated site manager available to provide support at all times. WFP has found Africrest to be very accommodating in trying to fulfil our requirements. They act quickly and give matters arising the full attention deserved. We have no reservations or hesitation in recommending Africrest Properties"
“Africrest and their management team spent time understanding our business and property needs while negotiating on our new premises. This allowed them to tailor make a rental solution that worked with our long-term plans and current financial situation. Under very tight deadlines, they made sure we could find a fair and workable solution for both parties for all challenges that presented themselves during the negotiations.”
"Our offices are an extension of who we are as a company and how we represent ourselves in the physical world. Africrest understand this ethos and have been very accommodating in ensuring that the smallest details are attended to."
"Working with Africrest has been a fruitful and seamless experience. We were attracted by the tenant partnership model which has allowed Sorbet to continue growing our business without constraining our capital while, at the same time, enjoying the benefits of having partial ownership in our property"
"We are pleased to be in a central creative space close to all the amenities of Rosebank, including hotels and the Gautrain. The environment is perfect for a business of our nature."
“We have occupied one of Africrest’s properties for more than five years and have had an excellent working relationship with them for the entire duration. They have always been honest and fair in their dealings with us and they have also really cared about our needs and acted with speed to fulfil them.”
"Our relationship with Africrest has been excellent and they really came to the party in helping us fulfil our needs. Africrest were very easy going and offered a lot of very useful advice"
"We have been looking for a home for our growing business together with Africrest and we believe that 132 Jan Smuts offers what we need in terms of location, functionality of space and easy access for both clients and staff."
"It is energising to (be in) a building where all your neighbouring tenants are in a creative space, music, television, fashion. Working with Africrest Properties has been a pleasure and the move has gone smoothly considering the very tight time frames and the building’s revamp."
"SYNAQ has grown exponentially and we required new offices for our expansion plans. The Africrest team assisted with the sourcing, negotiation and integration into our new home. We are thrilled to have created a unique innovative space that will further help us shake up the cloud service industry in South Africa."
“I love the common areas, from the gym to the braai areas, my lifestyle really is awesome!.”
"New Africa Control Engineering (Pty) Ltd first introduction to Africrest Properties was in 2014. During this time we have found them to be very amicable and reasonable in all matters but our appreciation of them grew substantially when our property needs drastically altered and even though we were tied into a lease, their ability to aid and accommodate our new requirements went above and beyond our expectations. We confidently recommend Africrest Properties to anyone as an ethical and professional property company. Their genuine interest in helping us was a welcome change in today’s times."
“One of the things that have impressed me most about Africrest is how responsive they are to our queries. We always receive a reply promptly and they actually care about making us feel comfortable in our home. Unlike most landlords, we are treated like a valued resident, rather than just another tenant.”
“I feel so safe in my apartment, security is taken very seriously”
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