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City of Cape Town's R50 billion 2019/2020 budget

The Cape Town council has approved a budget of just over R50 billion for the 2019/2020 financial year. ... Full story

R7 billion earmarked for Cape Town International Airport upgrades

Cape Town International Airport is in for R7 billion infrastructure upgrades planned over the next five years.

Amdec-Marriott JV brings AC Hotels brand in the Mother City

The joint venture between Melrose Arch owners, the Amdec Group and NASDAQ-listed Marriott International, brings the first AC Hotels brand to Africa.

Cape Town hotel market ‘still extremely favourable’

While a gloomy outlook has been painted for the economy by many, the hotel market in Cape Town seem to indicate all is still relatively well.

Cape Town calls for forensic probe into sale of prime land

Cape Town - Mayor Patricia De Lille has ordered a forensic investigation into an allegedly botched auction of a prime piece of land in the city, leading to a potential loss of millions in revenue.

Historical Cape hospital acquired for R300m

Cape Town - A building, housing the oldest private hospital in Cape Town CBD, Christiaan Barnard Memorial, has been bought by private developers for R300 million.

R1 billion Cape Town development gets go ahead despite objections

A new R1 billion mixed-use development in Cape Town CBD has been given the go-ahead despite facing objections.

Cape Town's formula for success

Cape Town continues to buck the trend and its International Airport is expected to reach a milestone in the next few weeks - 10 million passengers in a year for the first time.

Cape Town suing Construction companies over World Cup stadium loot

The City of Cape Town is suing several construction companies, accused of colluding during the construction of stadiums in the build-up to the 2010 FIFA World Cup.

Government, key partner to SA’s thriving Property Sector

Commercial property industry representative body, the SA Property Owners Association (Sapoa) met with Cape Town Mayor, Patricia de Lille to strengthen partnership and improve relations, the owners said on Friday last week.

Marriott International gains foothold in South Africa with new hotel brands

NASDAQ-listed Marriott International today announced plans to built three hotels in Cape Town and two already in construction in Johannesburg — in partnership with Amdec Group.

Work starts on a multi-billion rand project in Western Cape

Construction work has finally begun on a multi-billion rand mixed-use property development located in an industrial node of Milnerton, Cape Town.

Western Cape housing project showcases role of PPPs in social housing

The recent launch of the Belhar Social Housing Project in the Western Cape showcases the role that Public Private Partnerships (PPPs) can play in facilitating the provision of social housing, which provides housing solutions for low to middle-income families in more central areas.

Mixed-use development set to change the scene in Cape Town

Richmond Park, a new multi-billion rand mixed-use development launched yesterday, is set to become a prominent landmark in Western Cape on a prime greenfields site in Milnerton adjacent to the N7 highway.

SA Property Sector probes Western Cape development process delays

Preliminary numbers in the draft report entitled The Role and Impact of the Commercial Property Sector – Western Cape Province show the private property sector contributes significantly to the Western Cape economy.

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