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Growthpoint acquires iconic Cape Town Foreshore development site

 
Growthpoint Properties today acquired Site B Lower Long Street in Cape Town’s Foreshore, securing and landmark development site situated between two of its property assets. The 3,932sqm piece of land, Erf 165639 Cape Town, has developable bulk of 17,500sqm which neighbours the Investec building and ENS building, both owned by Growthpoint. It was acquired for R86,5 million on auction.
 
 
 
 
 

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