Cape Town’s CBD is experiencing a resurgence of economic growth and architectural advancements, with an impressive influx of property investments totaling R7 billion. The city’s unique postpandemic revitalization offers benefits for both locals and tourists, with numerous property developments promising a plethora of experiences. Cape Town’s rebirth serves as a beacon of hope, signaling optimism for the future.
Cape Town’s Central Business District (CBD) saw a significant surge in property investment in 2022, totaling R3.5 billion across various sectors. The State of Cape Town Central City Report 2022 – A Year in Review (SCCR) highlighted the 22 property developments/redevelopments that took place last year, pointing to a clear path towards growth and stability in the postCOVID19 era.