Extract from Urban Ocean Newsletter - August 2004
Extract from Urban Ocean Newsletter - June 2004
New Development Partners:
A consortium of high profile investors has joined Urban Ocean in the development of The Franklin, bringing further impetus to the tremendous surge of interest in the Financial District of Johannesburg.
The profile of these new development partners further enhance the investment potential that currently presents itself in the Financial District.
Transfer of Building:
We have been experiencing some delays in the transfer of The Franklin from the sellers, Growthpoint Properties, into the development company. By the time you read this newsletter, we should have ownership and possession of the building.
Construction of the show apartments of the Franklin have started and we are on track to complete the first phase within the next few months.
A limited new phase of penthouse apartments will be released at the launch function.