Cape Town scores R16bn of investments for central city

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Cape Town - Approximately R16.232bn of investment has, conservatively, been committed to the Cape Town Central City since 2012 and up to 2019.

This is according to the latest edition of The State of Cape Town Central City Report for 2016 released this week.

Published for the fifth year in a row by the Cape Town Central City Improvement District (CCID), the report (which annually reflects on the economic climate in the CBD across the previous year), details that between 2012 and the end of 2016, just under R4.486bn in property investments were completed.

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