Property Wheel

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.

South African energy trading company, Etana Energy, has signed a R1.8 billion guarantee facility deal with GuarantCo, part of the Private Infrastructure Development Group (PIDG), and British International Investment (BII), the UK’s development finance institution and impact investor.