Our Story
The Box is Boxwood’s Flagship building. This iconic Premium-Grade building, most commonly known as the old Shell House, is one of the tallest commercial buildings in the city.
Our founders, Rob Kane (founder and ex-CEO of JSE listed VPIF Limited and Texton Limited) and John Oliphant (ex-Principal Executive Officer of GEPF), have a proven track record in the listed and unlisted space and are well respected in the industry.
In the last few years we have invested over R3 billion, of which R1.4 billion has been into the Cape Town city centre in the knowledge that it is a strong, vibrant and sustainable node. Our buildings are all very well located with excellent exposure, property fundamentals and redevelopment potential.
Our asset management approach is two/fold: We work hard to acquire properties that are located in nodes that are strengthening and then asset manage very tightly to extract full value. The redevelopment of previously neglected buildings is one of our core skills that delivers alpha to our investors and our nimble and hands-on approach attracts and retains tenants. The upgrades to deliver sophisticated but often quirky space provides us with sustainable income. We remain vigilant and responsive to the fast-changing commercial environment.
