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Jones Lang LaSalle holds a private tender for a piece of Rosebank's commercial land.
Owners of Rosebank’s premier development site wished to dispose of the asset and had had a number of approaches from potential purchasers. In order to ensure an arm’s length, fair and transparent process, they engaged the services of Jones Lang LaSalle to manage a private tender process.
Opposite the Hyatt Hotel and within a mere 200m of the Rosebank Gautrain station, this property was bound to generate a lot of interest at a time when developers are scrabbling to secure a piece Rosebank’s commercial action. The property was sold to Growthpoint Properties Ltd for the development of a tenant driven facility.
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