New office is just what the doctored ordered
MEDSCHEME has moved into Boulevard Office Park.
One of the largest medical scheme administrators and health risk management companies in S o u t h A f r i c a , Me d s c h e me h a s secured 10 000m² in the new R700-million-plus Boulevard Office Park development in Woodstock.
Eris Property Group (formerly RMB Properties) concluded the transaction with an approximate capital value of R165 million.
The 38 000m² AAA-Grade office park was developed by The Boulevard Park Trust, which included Faircape Property Developers and Trematon, with finance from Nedbank Corporate Property Finance (Cape).
The development consists of seven individual buildings – three of which were designed by dhk architects and four by Peerutin Architects. The elevated Eastern Boulevard site ensures magnificent mountain, sea and city views.
Andrew Kendall, of Eris Property Group, who negotiated the deal, says Medscheme’s move was based on its growth plans and that The Boulevard is conveniently located, and offers large floor plates of 3 500m², six parking bays for each 100m², and state-of-the-art security.
There is also a convenient shuttle service to the Woodstock station.
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