More than 30 developments in the pipeline in Cape Town CBD – report

The economy of the Cape Town central business district (CBD) remained stable in 2020, despite Covid-19, with the official nominal value of all property set at R43.8-billion by the City of Cape Town, and with 31 new developments worth more than R6.9-billion in the pipeline. This is the key finding of the special Covid edition of the annual ‘State of Cape Town Central City Report 2020 – A year in review’, published by the Cape Town Central City Improvement District (CCID).