Cape Town CBD Investment Profile
Cape Town, Western Cape, South Africa
COMPLETION DATE: October 2011
CLIENT: Public Investment Corporation
The Public Investment Corporation aims to invest in the country’s metropolitan area central business nodes by building a portfolio of properties for refurbishment, redevelopment or development. These properties will be strategically selected in order to contribute to the regeneration of CBDs in South Africa.
CTS worked with property economist John Spiropolous to prepare a report which provides economic and spatial information about the nature of Cape Town’s inner city and its development potential, and to recommend a target area boundary and focus precincts for investment. The report includes an overview of the inner city property market and proposed investment focus precincts. The proposed investment focus precincts are profiled in terms of existing character, accessibility, development constraints, planning and policy objectives and potential development opportunities.