South Africa

South Africa

Recent work highlights

Construction and development

  • Advised a property development company – on the vetting and negotiating terms of a Lease agreement and Offer to purchase as part of an office development in Kempton Park with a value of ZAR106m.
  • Acted on vetting and negotiating terms of an Offer to purchase as part of a residential development.
  • Advised a listed property fund – on the registration of a consolidation of properties as part of a Johannesburg inner-city precinct development.

Investment and disposal

  • Advised Minor International Limited, a hospitality company operating over 1,500 restaurants and 100 hotels in the Asia-Pacific and Middle East regions and Africa, based in Bangkok, Thailand, on its acquisition of various assets from Sun International Limited, a resort hotel chain and casino operator listed in South Africa. The proposed acquisition includes assets in Botswana, Namibia, Zambia and Lesotho.
  • Advised various individuals and companies - attending to residential transfers on behalf of various individuals and companies including prominent businesspeople, investors and property holding entities, expats and trusts.

Financing

  • Advised a scholar transportation company – in relation to the preparation and registration of a General Notarial Bond for the value of ZAR8m as part of a fleet financing transaction.
  • Advised and registered Continuing Covering Mortgage Bonds, General Notarial Bond and Special Notarial Bond for the value of ZAR1bn to secure both existing facilities and new bridging loan through a security SPV structure on behalf of local financial institutions. Transaction related to distressed loan funding for a large South Africa multinational construction company listed on the JSE.
  • Advised an international listed company - in relation to the cancellation of registered security as party of a corporate restructure and refinancing.
  • Advised a property holding trust – in relation to running a property audit for and attending to subsequent conveyancing registrations at the relevant Deeds Registry Offices as part of its real estate restructuring.
  • Advised a state-owned enterprise – in relation to notarial authentication of financial institution documents for use outside of the Republic of South Africa.
  • Advised Nedbank in relation to its syndicated structure for its ZAR3.5bn financing of Mall of Africa to South African property companies, Attacq Limited and Atterbury Property Developments. Mall of Africa is South Africa’s largest single-phase shopping centre development to date at 130,000m².

Managers and occupiers

  • Advised an international pharmaceutical company - managing and negotiating a commercial Lease agreement on behalf of an international pharmaceutical company in relation to its head office relocation.

 

Facts & Figures

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Located in Johannesburg

2 real estate partners and 1 lawyer

Languages: English, Zulu, Sotho, Afrikaans, German

Key contacts

Contact
Kagiso Mahlangu
Kagiso Mahlangu
Partner
T +27 (0) 78 585 6256
Karabo Manhe
Karabo Manhe
Consultant
T +27 87 210 0711