Two exciting commercial developments, including new offices for Discovery, are being developed by Rabie Property Group at Century City to meet ongoing demand from those wishing to relocate to this burgeoning precinct.
Construction has commenced at The Yacht Club, a unique R1.3bn mixed-use iconic development by the Amdec Group, South Africa’s leading developer of New Urban lifestyles.
Three homes are now completed with a further 11 homes in the final phase already well under construction in upmarket Baronetcy Estate, situated in prime position in Plattekloof in Cape Town’s popular Northern Suburbs.
According to the Industrial Development Corporation’s Integrated Annual Report for 2012, tourism makes up 8.6% of SA’s GDP and employs an estimated 1.2 million people. For a country that relieves as heavily on tourism as South Africa this is very good news and, like the Soccer World Cup in 2010 and the Design Capital of the Year in 2014, will hopefully encourage more people to visit the country.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.