V&A Waterfront Cape Town

Growthpoint Properties faces 11% Office vacancies

Strains facing the commercial property industry left South Africa's largest listed REIT Growthpoint Properties [JSE: GRT] with a significant lettable vacancy in its office portfolio.

Big Property Developments expected to ‘fire up’ Cape Town

A number of new modern commercial and luxury residential developments, including hotels, are on track to come out of Cape Town’s soil, setting existing establishments in the area aflutter with dreams of tourist gold.

Green light for R14 billion Harbour Arch in Cape Town

Amdec Group, which co-owns the vibrant Melrose Arch in Johannesburg, today received approval from Municipal Planning Tribunal meeting to develop its ambitious R14 billion Harbour Arch mixed-use precinct in Cape Town.

Growthpoint pins its hopes on Offshore Properties

With the local property industry adrift in choppy waters amid stagnant economy, Growthpoint Properties is looking to not only stay afloat but maintain robust growth by acquiring offshore properties.

Offshore Investments ups Growthpoint's distribution growth

GROWTHPOINT Properties' (JSE:GRT) exposure to rand hedge sister company, Growthpoint Properties Australia (GOZ) continues to pay off, as the fund recorded distribution growth of 6% for its full year to June 2016.

Growthpoint's diverse assets soften South African blows

Growthpoint Properties grew its distribution per share 6% in the six months to December as the company managed some challenging trading conditions.

SA’s 2015 Top Awards for Property Developments announced

The prestigious 2015 South African Property Owners Association (SAPOA) Innovative Excellence in Property Development Awards were announced yesterday at the Annual SAPOA International Convention and Property Exhibition in Durban.

Global demand for Waterfront living

The V&A Waterfront residential stock shortages is evident as cash buyers’ line up for luxury apartments, paying R8m for a two-bedroomed flat.

Hotel Performance in the Cape prompts V&A expansion

Growthpoint Properties and the Public Investment Corp (PIC), the co-owners of the V&A Waterfront in Cape Town, are in discussions with a number of international hotel operators to run what will be the first new hotel to be built at the precinct since Sol Kerzner’s One&Only opened its doors in April 2009.

Cape Town’s V&A Waterfront expansion pays off

Public Investment Corporation (PIC) and Growthpoint Properties are reaping the rewards of expanding and refurbishing Cape Town’s Victoria & Alfred (V&A) Waterfront, as the precinct has become the most visited landmark in South Africa, attracting 23 million visitors a year.

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