RMBP is the latest company to add its recent transactions to the growing number of property investments in central Cape Town, following the launchof the R390-million Icon lifestyle centre on the Foreshore by empowerment group Coessa Holdings earlier this week.

RMBP is a fully integrated property service company and has been one of the central players in the formation and ongoing operations of the CapeTown Partnership, the non-profit company created by the municipal government, city businesses and ratepayers to improve urban living conditions.

It manages key central city buildings such as the South African ReserveBank, Town Square, Wesbank House and Shell House, as well as a portfolioof properties in Cape Town's Southern Suburbs and Century City, with interestin expanding to the Northern Suburbs as well.

Commenting on the growing lease pool, General Manager of RMB PropertiesWestern Cape, Martin Rippon, said: "We at RMBP are pleased that the hardwork put in to the central city by both the public and private sectors,and its stakeholders is reaping ongoing dividends for all involved.

"Both the public sector and companies are benefiting from a cleaner,safer and thriving Cape Town central city and all indications are thatthe positive trend shown by investors will continue".

RMBP believed that its close involvement with the Partnership's urbanrenewal activities had resulted in giving it a unique, detailed and familiarperspective on this prime area.

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