Growthpoint’s acquisition of Site B from the City of Cape Town has been widely reported and we take this opportunity to confirm our position on the acquisition and town planning application.
The first phase of the V&A Waterfront’s new Canal District reached completion today, with the head office of British American Tobacco South Africa taking up residence in the new Waterway House.
Property investment is one of the biggest game changers transforming the Cape Town Central City, and so far this year seven new developments or redevelopments have been confirmed, at least three of them with a combined value of some R270m.
Organisers of conventions breathed a sigh of relief in July when the first sod was turned in a project to double the capacity of Cape Town International Convention Centre (CTICC) by 2017.
CAPE Town has invested more than R800-million to expand one of its cash cows, the International Convention Centre, to compete for business against the likes of Australia’s Melbourne Exhibition Centre.
