The V&A Waterfront announced its R500 million philanthropic undertaking in the conversion of the historic Grain Silo complex into the Zeitz Museum of Contemporary Art Africa.

The iconic V&A Waterfront has contributed approximately 227 billion rand towards the GDP of South Africa’s Western Cape Province between 2002 and 2014, with forecasts revealing that this growth will continue for the next 10 years.

Wednesday, 11 February 2015 14:36

FRANCOIS MARAIS

Francois Marais is a Chairman Independent Non-Executive and Director of Growthpoint Properties Australia

Published in Property Leader

Growthpoint Properties Limited today reported distribution growth of 8.3% for the full year to 30 June 2014, comfortably outperforming market guidance of around 7.2%.

Growthpoint Properties' custom developed industrial and office facility for multinational group Grundfos in Germiston has been awarded a 5-Star Green Star SA Office Design v1 rating by the Green Building Council of South Africa (GBCSA).

Century City is undergoing a R4.3bn development boom, which will expand the live, work, stay, shop and play hub by 25%.

Re-grading affects some nodes in Cape Town office vacancy market for Q1

Promoting a live, work and play environment that is ecologically sensitive while providing a superior, quality lifestyle.

Growthpoint Properties and the Public Investment Corporation, which bought Cape Town's Victoria & Alfred (V&A) Waterfront for R10bn in mid-2011, have plans to invest another R3bn-R4bn over the next three years to unlock the precinct's remaining 200,000m² development potential.

Growthpoint Properties Limited today reported distribution growth of 8% for the six-month interim period to 31 December 2013, outperforming original market guidance.

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