Cape Town's V&A Waterfront sold

Nevin, Tom
January 2007
African Business;Jan2007, Issue 327, p44
The article focuses on issues surrounding the sale of Victoria & Alfred (V&A) Waterfront in Cape Town, South Africa. The V&A was bought for R7 billion. The purchasing syndicate was led by London & Regional Properties, the Dubai Sheikh Mohammed al Maktoum's Nakheel and local black economic empowerment shareholders. The waterfront is the most-visited destination in South Africa. The buyer does not intend to fully renovate the waterfront.


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