Property
Portfolio

The Divercity residential portfolio currently consists of 6,500 affordable residential units, the majority of which are located in the Johannesburg CBD with some assets in Pretoria.

Divercity’s flagship mixed-use projects in Johannesburg include the 30 storey Towers Main, in the heart of the Absa Precinct, and Jewel City which spans six city blocks and offers an unmatched urban amenities offering in the Joburg CBD.

Notable commercial assets in the portfolio include the iconic Turbine Hall in Newtown which houses the Office of the Premier of Gauteng, and Talis House in Marshalltown which houses the Gauteng Department of Education. On the retail front, the fund owns Sterland in Sunnyside, Pretoria.

Image description

Jewel City Precinct:

  • R700m in Phase 1, R1.2bn on completion
  • Mixed-use precinct spanning six city blocks
  • 1,200 apartments in Phase 1
  • 13,000m2 of office GLA
  • 10,000m2 of national retail anchors: supermarket, pharmacy, gym
  • Amenities: school, day clinic, sport facilities, new urban park and pedestrian walkway

Image description

Towers Main:

  • Mixed-use conversion of the existing 30-storey structure
  • 519 apartments
  • 10,000m2 of office space leased back to ABSA
  • New premises of the ABSA Art Gallery
  • Ground floor retail coffee shop
  • Childcare facilities and landscaped urban park

Image description

DIVERCITY RESIDENTIAL:

  • Over 6,500 affordably priced apartments in well-located areas
  • Areas include Johannesburg CBD, Maboneng, Berea and Pretoria
  • Biometric access, live in building managers and 24/7 security
  • Managed by Ithemba Property, a wholly owned subsidiary of Divercity a 20-year track record of management excellence
Image description

DIVERCITY COMMERCIAL:

  • 90,000m2 office and retail GLA
  • Includes the iconic Turbine Hall, Talis House, Towers Main and Sterland
  • Managed by leading commercial property developer and manager Atterbury