
Rabie goes to Lisbon - seeking fellow investors (Golden Visa a bonus)
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In the Cape property development scene they don't come bigger than Jonny Rabie. From humble beginnings, his Rabie Property has become an institution in the Mother City. Among its achievements has been the mixed use development of a staggering one million square metres at Century City, which after a slow start has become one of the most successful property developments in South African history. Now Rabie is heading into a new geography, inviting fellow investors to join him in Lisbon. With Portugal's Golden Visa - which transforms into an EU passport five years on - an optional extra. Appropriately, the offshore development arm is called New World. I caught up with Rabie and fellow director Malcolm Lobban ahead of next week's presentations to potential investors in Johannesburg and Cape Town. - Alec Hogg