OUR STORY OF SUCCESS
The redevelopment of Sandgate Park and CRB House has culminated into the now collectively known Kramerville Corner. It is a retail showroom premises, in the heart of Sandton, whose tenants are prominent names in the design and décor industry; not currently represented in the Kramerville node. The Kramerville Corner showroom premises offers 18,500m2 of shopping bliss. For all of your home decor and design needs, Kramerville Corner has it all.
Emira Property Fund invested R41.4 million in the redevelopment, refurbishment and conversion of Kramerville Corner. These premises are ideal for users requiring showroom, retail and office space. The redevelopment attracted prominent names in the design and décor industry who are not currently represented in the Kramerville node. The 18,500m² buildings received new shopfronts, walkways and entrance features; in line with the rejuvenation that has become a feature of Kramerville. Emira has secured Bakos Brothers on a five-year lease for a brand new two-level showroom in one of the buildings. Emira’s investment enhances a long-term asset for the fund and boosts its retail exposure in this prime location.
The Kramerville Corner redevelopment was completed in June 2016 and has significantly increased the buildings’ retail and showroom space. The development has welcomed a tenant mix which adds value to the node and its tenants trading potential, by becoming a single prime destination for sourcing décor, lifestyle and other related products and services.