About Orion Real Estate
Orion Real Estate proudly manages a diversified portfolio of 30+ properties, featuring a rich mix of commercial, mixed-use, office and industrial spaces. Each property is a testament to our dedication to excellence, upheld by our seasoned team of facilities management professionals who ensure that every location is well maintained.
At the heart of our operation are our ongoing endeavors to enhance and expand our properties. This commitment to improvement is evident in notable projects such as the expansion developments of Promenade Shopping Centre in Nelspruit, the expansion of Primrose Mall and the newest developments at Wendywood Shopping Centre in Johannesburg.
Our integrated approach includes an in-house marketing team, comprehensive facilities management, security and cleaning services, all working together to deliver a great experience for our tenants. At Orion Real Estate, we don’t just provide spaces; we foster environments where businesses thrive and people connect.
Join us at Orion Real Estate, where we passionately own and manage properties.
R2 Billion
Portfolio Value
0
+
sq.m Leasing Space
Our History
Established in 1991 by visionary Franz Gmeiner, the company has swiftly expanded, embracing a variety of sectors such as health and wellness, energy solutions, and hospitality. Achieving a significant milestone, we made our debut on the Johannesburg Stock exchange (JSE) main board in 2005, later transitioning to the ZAR-X stock exchange in November 2019. Presently, Orion operates as a privately owned entity.
Since the founding, Orion has consistently excelled across diverse industries, fostering a culture of pride among our dedicated employees and executives. Together, they steer the company with unwavering resolve and creativity, ensuring our continued evolution and success.
Some of the sectors we offer services in:
- Comprehensive Property
- Security Services
- Cleaning Services
- Energy Solutions
- Building Services
- Health and Safety
- Project Management
- Fleet Management
CEO's Message
Orion Real Estate brings to you the Building Revolution. It all starts with realistic
appraisal of your living & business needs.
Franz Gmeiner - CEO & Founder
1. BUSINESS STRATEGY UPDATE
- Impressive Letting Growth: Our recent Brokers’ Brunch at 26 Wellington was a hit, resulting in substantial letting enquiries. We’ve managed new deals totaling 4,932 sqm and renewed 8,829 sqm of leases.
- Asset Growth Goal: Our strategy is set to reach a gross asset value of R900 million by June 2024, fueled by organic growth and significant R50 million acquisition.
- Completed and Upcoming Projects: We’ve successfully completed projects with major brands like PEP Home, Jet Store, and Standard Bank, and look forward to upcoming expansions and developments in 2024, including Mr Prise and SA Queen.
2. PROPERTY ACQUISITIONS
- We’re on the hunt for a R50 million acquisition to meet our asset goals, and are actively managing new property developments and tenant integrations.
3. CORPORATE DEVELOPMENT
- While no mergers or acquisitions have been finalized, we’re actively exploring opportunities.
4. FINANCIAL HIGHLIGHTS
- Our audited financial statements for the year ending June, 2024, will be including in the upcoming board pack.
5. KEY PROJECT UPDATES
- We’re excited about developments at Wendywood, 296 Kent, Northcliff, and the Promenade Shopping Centre, with various upgrades and negotiations underway.
6. INVESTMENT AND GROWTH IN RETAIL AND INDUSTRIAL PROPERTIES
- We continue to invest in an expand our retail and industrial portfolio, with several properties showing great promise and undergoing improvements.
7. CORPORATE GOVERNANCE AND SYSTEMS
- We’ve achieved control over billing and collections, with new software enhancing productivity and financial reporting.
8. COMMITMENT TO COMMUNICATION AND HUMAN CAPITAL
- Our focus on regular communication, staff development, and maintaining strong relationships with tenants and stakeholders remains a top priority.
Current Projects
Investing in our projects can give you satisfying returns and can stregthen our relationship.
Completed Projects
Joining hands with us can take your business concern to greater level of prosperity
