With Construction set to begin in October, following its successful acquisition of the Golden Acre complex, local property developers Gary Moore and Roelof Delport, Putirex (Pty) Ltd, has embarked on a monumental redevelopment project.
Affordable living and retail opportunities in Cape Town Read More »
Lesego Majatladi of Gracht Asset Managers says the target market for future tenants is young professionals to keep the heart of Cape Town thriving beyond business hours.
Golden Acre tower to be redeveloped into 414 residential units by 2027 Read More »
The next phase in the revitalisation of the Golden Acre complex – in the heart of Cape Town’s Central Business District – is now underway.
Historic Golden Acre set for major overhaul in Cape Town Read More »
The iconic Golden Acre complex in Cape Town’s Central Business District has officially entered a new era. Following a lengthy three-year negotiation process, Putirex (Pty) Ltd—a joint venture between local property developers Gary Moore and Roelof Delport—secured the site at a price of R781.5 million. The deal, approved earlier this year by the Competition Commission, is one of the largest property transactions in Cape Town in recent years.
Golden Acre Redevelopment Set to Transform Cape Town’s CBD Read More »
The iconic Golden Acre Shopping Centre, a fixture in Cape Town’s urban landscape since the 1970s, is set to undergo a dramatic transformation after being sold for R781 million.
Plans unveiled to turn Golden Acre into affordable housing Read More »
Cape Town’s iconic Golden Acre complex is set for a bold revival, with developers confirming that construction on a multi-billion-rand redevelopment will begin in October.
Cape Town’s Golden Acre set for a comeback with R781m redevelopment and new housing Read More »
The purchasers of the Golden Acre Complex in Cape Town’s CBD have revealed the next phase in the revitalisation of the iconic landmark – 414 affordable, semi-serviced, residential rental units with approximately 300 studios, 1-bed and 2-bed units reserved for long-term tenants set for completion by early 2027.
Following the historic acquisition of the Golden Acre complex, Putirex (Pty) Ltd, a joint venture between Cape Town-based property developers, led by Gary Moore and Roelof Delport, is excited to announce the next phase in the revitalisation of this iconic landmark in the heart of Cape Town’s Central Business District.
A strategic collaboration between Krones Southern Africa and the Ikusasa Student Financial Aid Programme Foundation (ISFAP) is delivering tangible results, with 29 students funded to date, and a steadily growing commitment to expanding access to university qualifications in South Africa.
There’s righteous indignation about the impact of the Expropriation Act’s enfeeblement of property rights in SA, but far more damaging is the Prevention of Illegal Eviction Act from and Unlawful Occupation of Land (Pie) Act, initially introduced in 1998 to prevent the kind of eviction abuses so prevalent under apartheid.
Illegal land grabs prompt a rethink of the Pie Act Read More »