Wednesday, 5 December 2018; At the International Property Awards ceremony held at the iconic Savoy Hotel in London on 3 December, Waterfall Management Company was awarded Best International Mixed-use Development 2018/2019 for the Waterfall development.
Further to scooping this prestigious international accolade for the second year in a row, Waterfall was also named Best Mixed-use Development in Africa for the fifth year running.
The International Property Awards, now in their 26th year, celebrate the very best projects and professionals in the industry worldwide, covering the regions of Asia Pacific, Africa and Arabia, Europe, USA and the Americas, as well as the UK. Over the past year, a panel of over 80 expert judges studied and assessed thousands of entries from 115 countries, focusing on design, quality, service, innovation, originality, and commitment.
Willie Vos, CEO of Waterfall Management Company, said “Last year was the first time in the history of the International Property Awards that a South African company had won the Best International Mixed-use Development award. For the Waterfall development to now receive this significant international recognition for the second time, is just fantastic! We are building a world-class city and are very proud to represent South African property developments on the world stage. Careful planning and absolute dedication from various role players, have made this achievement possible”.
Waterfall Management Company is the Property and Asset Management Company of the Waterfall land. Since 2004, Waterfall Management Company has been working with developers and investors to create the largest mixed-use development in Africa. This 2,200-hectare leasehold development in the heart of Gauteng, offers integrated, fibre-ready live-work-play environments that provide unsurpassed quality of life in a vibrant urban environment.
By its anticipated completion in 2027, the Waterfall development will combine 28,000 residential units housing an estimated 80,000 people, with approximately 1.6 million square metres of Gross Leasable Area for commercial and office space, which will accommodate a further 80,000 people. The current estimated developed value of Waterfall is approximately R100 billion. While 24 000 people are presently employed on the development, it will have created close to 85 000 job opportunities upon completion. The development in its entirety is also already responsible for contributing to rates and taxes to the City of Johannesburg of close to R300 million per year. This figure is expected to reach over R1 billion per annum by the time of completion.
Waterfall Management Company co-ordinates and directs the development with a holistic long-term view in mind and closely collaborates with specialist development partners, planners and Government authorities.
Attacq is one of the major role players on the property. Commercial developments by Attacq and its partners include The Mall of Africa, the PwC building, Amrod, BMW and Massbuild distribution centres as well as the soon to be constructed Deloitte building, to name but a few. Meanwhile, phase one of Ellipse Waterfall – Attacq’s first residential high-rise development in Waterfall City, is set for completion in 2021. Continuing on the residential front, Century Property Developments, along with their investment partner Sanlam, and Calgro M3 Holdings have so far constructed a combined total of over 4 000 units, ranging in sales price from R750 000 to R150 million. Meanwhile, Balwin Properties are in the process of developing approximately 23 000 residential units, to be completed by 2027. Other role players include Netcare, Curro and Reddam schools, BP and Sasol.
Waterfall Management Company and its shareholders are once again extremely proud of this international recognition and would like to thank and congratulate everyone involved in the development, including the individual residential investors who all contributed to this achievement in some way.
Century Property Developments is delighted to announce that its Waterfall Equestrian and Waterfall Hills Mature Lifestyle Estates won a total of six awards at the prestigious CNBC International Property Awards competition in 2009:
Waterfall Equestrian Estate:
Waterfall Hills Mature Lifestyle Estate:
– Best Development Marketing in South Africa – 4 star award.
– Best Retirement Development in South Africa – 5 star award.
– Best Retirement Development in Africa. This estate represented the continent of Africa at the ‘Best of the World’ awards ceremony held in San Diego and won.
– “Best International Retirement Development”
The CNBC International Property Awards is the world’s most prestigious competition dedicated to recognizing the best real estate professionals and projects across the globe. The fact that Century Property Developments won six of these coveted awards shows that South Africa possesses the capacity not only to compete at this level, but also to triumph within the highly competitive European and African property arenas.
Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none. The judges included Eric Pickles MP, chairman of the Conservative Party, Ben Wood, industry head property markets of Google UK; Peter Bolton King, group chief executive of the National Federation of Property Professionals; Imtiaz Farookhi, chief executive of the National House Building Council; Christopher Hall, president elect of FIABCI; Wilhelm Harnish, Master Builders of Australia (MBA); Thijis Stoffer, International Consortium of Real Estate Agents Association (ICREA); Helen Shield, editor-in-chief of International Homes Luxury Collection magazine; and Gillian Farr, head of design at Laura Ashley Home.
Mark Corbett, CEO of Century Property Developments, said of winning the award, “We are truly honored to receive these accolades. This is our first year of entering the Europe & Africa Property Awards, and winning in all five of the categories we entered is a wonderful achievement! We pride ourselves on our uniquely South African approach, and I reckon that it was the combination of environmentally friendly principles and aesthetically pleasing architecture that won the day for us.”
Century Property Developments is one of the most celebrated companies within the South African property arena. This sets the group apart from its competitors and allows it to set the benchmark for other developers to follow.
A Nedbank “Young Lion” is described as a person that displays the qualities of performance and productivity that raise above all expectations to reach unique levels of achievement. During the 2010 Nedbank Property Professional Awards, the panel of honorary judges and trustees could think of no better person that display these qualities, other than Mark Corbett – CEO of Century Property Developments. Congratulations to the ‘Young Lion’ winner, Mark Corbett, on his remarkable achievement in winning this year’s prestigious accolade.
Waterfall Equestrian Estate has won a total of 7 of the CMA (Concrete Manufacturers Association) Masonry Awards for Excellence, with two being in the Premier category two years in a row – the first such achievement by any property developer in history.
In 2006, Architect and Specificator magazine listed Carlswald Lifestyle Estate as one of the top 10 non-golf residential estates in Southern Africa.
2011 World’s Best Retirement Resort
Waterfall Hills and Waterfall Valley Mature Lifestyle Estate
Midrand-based Century Property Developments has beaten off more than 1,000 international competitors to walk away with the prestigious Globals 2011 for the world’s best retirement resort. The Globals Award is held annually to recognize excellence in over-50s residential housing. Mark Corbett, CEO of Century Property Developments says the award for best retirement resort in the world is a major coup for a South African developer, not to mention what it means for South Africa. “This category is intended to differentiate retirement ‘resorts’ from typical retirement villages and old age homes. The judges were particularly impressed by the focus on customized, bespoke homes, and the quality of amenities available to residents”.