Golden Acre Redevelopment Set to Transform Cape Town’s CBD

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.

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