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Stuff from Johannesburg

Property Investment: Security, Sustainability & Returns in Uncertain Times

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Property Investment: Security, Sustainability & Returns in Uncertain Times:

Growthpoint Healthcare REIT adds Johannesburg Eye Hospital to its growing portfolio of healthcare properties

Growthpoint Healthcare REIT has successfully completed the R106.4m acquisition of the Johannesburg Eye Hospital in Northcliff, which has transferred to…

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The Maboneng Precinct: Architecture

Maboneng is architecturally distinct because it rejects the “demolish and rebuild” philosophy. Instead, it embraces adaptive reuse. The Bioscope, South Africa’s only independent cinema, operates out of an old industrial space; The Living Room is a lush rooftop oasis that offers panoramic views of the skyline from atop a concrete shell; and the Museum of African Design (MOAD) was housed in a massive 1970s warehouse. This aesthetic—exposed brick, industrial steel, and vibrant street art—has become the visual shorthand for “cool” Johannesburg. The murals here are particularly significant; they aren’t just decoration but are often massive social commentaries by local and international street artists like Faith47 and ROA, turning the very walls of the city into a public gallery.

However, Maboneng is also at the center of a complex debate regarding gentrification and social integration. Critics argue that while the precinct is a “bubble” of safety and creativity, it often stands in stark contrast to the surrounding poverty of the inner city. The challenge for Maboneng has always been how to be an engine for economic growth without alienating the residents who lived there during the “dark” years. In response, many initiatives within the precinct focus on local entrepreneurship, such as the Market on Main, which provides a platform for local food vendors and designers every Sunday.