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the regions of Asia Pacific, estimated 80 000 people,
Africa and Arabia, Europe, with approximately
usA and the Americas, 2,5 million square metres
as well as the uk. Over of gLA for commercial
the past year, a panel of and office space, which
over 80 expert judges will accommodate a
studied and assessed further 80 000 people.
thousands of entries from
115 countries, focusing on The current estimated
design, quality, service, developed value of
innovation, originality, Waterfall is approximately
and commitment. r100-billion and,
upon completion, the
Willie vos, CEO of Waterfall development will have
Management Company, created close to 85 000 job
said: “successfully rolling opportunities. Waterfall
out a development of this in its entirety is also
scale takes careful planning already responsible for
and consideration, which contributing towards
includes the coordination Johannesburg’s revenue
of a number of companies, – in terms of rates and
authorities and people. taxes – to the value of
As a broader team, we are close to r300-million
not only all passionate per year. Based on
about being part of this world-class projected planning, this figure
development, but we are also eager visitors and communities in the is expected to reach over r1-
to showcase south Africa’s property surrounding area, making Waterfall a billion per annum by the time
talent on an international stage - truly remarkable city within gauteng. the development is completed.
which drives our appetite to enter It is a modern development that
these awards each year. I know that takes into consideration unique “Being named the world’s best mixed-
I speak for everyone involved in the design aesthetics to ensure Waterfall use development for a third time in
Waterfall development when noting lives up to the development’s as many years is overwhelming and
how proud we are to have received goal of offering integrated live- very exciting for us. On behalf of the
these top international honours yet work-play environments that Waterfall Management Company and
again – it is proof that what we are provide unsurpassed quality of its shareholders, I would like to thank
doing here is really outstanding.” life in a vibrant urban setting. and congratulate everyone involved
in this development, including the
Waterfall Management Company is The Waterfall development is individual residential investors, as
the Property and Asset Management presently only 34% complete, with everyone has played a key role in
Company of the Waterfall land. The over 1,6 million square metres of contributing to this accomplishment.
company has been working with gross Leasable Area (gLA) still to be We are looking forward to 2020
developers and investors since developed. While 15 000 residents and the further progress planned
2004, to create the largest mixed- already call it home and 24 000 for Waterfall, where the future
use development in Africa. Each people work here every day, it is is very bright,” concludes vos.
year sees the development expand, estimated that, by completion in
offering more top-notch facilities to 2027, the development will combine www.waterfall.co.za
its residents, commercial tenants, 28 000 residential units housing an www.propertyawards.net

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