Firm acquires Cape shopping centre

A JSE listed property company recently concluded negotiations for the acquisition of the Mountain View Shopping Centre in Gordon's Bay.

Mountain View is an established shopping centre in Gordon's Bay and has some top tenants currently renting space within the centre, including First National Bank, STAX and the Friendly Grocer. "There is also substantial unused bulk available on the site which can be utilised for future development opportunities," said Franz Gmeiner, CEO of Orion Real Estate.

"The purchase of Mountain View will enhance Orion's earnings and will provide good opportunities for organic growth," added Gmeiner.

For more information contact Franz Gmeiner on 011 718 6452 or send an email. Click here to visit the website.

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