Abland and Tiber, joint developers on the Sandton Gate precinct, have announced that they have broken ground on Phase 1 of the development with the bulk earthworks.

Film producer David Selvan and developer Nour Ayyoub's grand plans to buy Hillbrow's Ponte City for R100m and turn it into a chic residential address have come to naught.

The properties offer investors the opportunity to acquire a footprint in the popular and stylish Sea Point area known as the entertainment precinct of Cape Town.