Growthpoint confident V&A will survive Covid-19
The co-owner of the R20bn tourist destination says demand from corporates will keep the property in the black
Growthpoint Properties’s star performer, the V&A Waterfront, could come under threat from the coronavirus, which is wreaking havoc across the globe. But the property group said the Cape Town-based tourist attraction will weather the effects of the virus given demand from corporates for offices at the property.
SA is bracing for a R200m blow to tourism due to the disruption of global air travel by the virus.