Property values in Cape Town’s CBD ballooned in past two years
The value of property has climbed nearly 40% to R42.860bn, as more large companies and startups embrace downtown
19 August 2019 - 17:14
Cape Town's growing economy and well-managed CBD is helping the value of commercial property in the inner city climb at a rapid pace while other office precincts in Gauteng and KwaZulu-Natal struggle with high vacancies.
In the past two years, the value of property in the Cape Town CBD has risen nearly 40% from R30.6bn to about R42.9bn, as more large companies and startups embrace the area.
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