Esquire plans R40 million expansion

Tech distributor, Esquire Technologies is planning a R40 million expansion of its headquarters in Midrand, Johannesburg.

The expansion will take the complex to more than 8,000 square meters of office and warehouse space.

“The expansion will also include expanding our Xpress store concept from its current 1,500 square metres to 4,000 square metres,” said Esquire CEO, Mahomed Cassim.

Esquire became the first IT hardware distributor in Southern Africa to open a retail-type store, called Xpress Stores.

Cassim said further that the “Xpress format” had proved extremely popular and was seen as a major convenience for the company’s more than 12,000 resellers, many of whom buy directly from Xpress.

A timeframe for the completion of the R40 million phase two development was not clear at the time of going to press, with Cassim saying that building plans were “awaiting approval”.

At the end of June, Esquire opened an additional Xpress store in Port Elizabeth and is planning to open a store for Bloemfontein.

“We are currently looking at a number of premises – also at the option of buying, rather than leasing, premises.”

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Esquire plans R40 million expansion