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Victoria & Alfred Waterfront, Cape Town
One of Africa’s most visited tourist destinations, the Victoria and Alfred (V&A) Waterfront attracts over 24 million visitors every year, set in the oldest working harbour in the southern hemisphere.
• 510 364m²
GLA (100%)
• 1
Number of Properties
• R14.1bn
Value of Properties (50%)
V&A WATERFRONT
The 123-hectare mixed-use development is home to several corporate head offices, industrial space predominantly for marine industries, and 12 hotels. The development has vast retail, dining, leisure and entertainment offerings as well as important heritage sites and tourism landmarks.
Growthpoint Properties acquired a 50% stake in the V&A in 2011, with the Public Investment Corporation owning the other 50% on behalf of the Government Employees Pension Fund.
Zeitz MOCAA Museum of Contemporary Art
Highlights
PERFORMANCE
Low vacancies, high rental levels and good renewals.
GREEN STAR RATING
The Victoria Wharf has become the highest Green Star-rated shopping centre of its size in SA with a 5-Star rating. The V&A is also home to the highest Green Star-rated hotel in Africa with an additional 12 Green Star-rated buildings in the precinct.
