South Africa
Consortium announces a further US$ 1 billion investment in V&A Waterfront to create ‘Riviera of South Africa’
The Dubai World and London & Regional Properties consortium today announced plans to invest more than US$ 1 billion in the V&A Waterfront over the next four years, following its successful purchase of the development last month. The consortium has outlined a three-stage development strategy which will see improvements to the Waterfront starting immediately.... »
London and Dubai win US$1 billion race to acquire South Africa’s most-visited property, leisure & retail development
Dubai-based Istithmar & UK-based London & Regional Properties won the race for South Africa’s most-visited property and leisure development, as they confirmed that their joint venture had successfully bid USD 1 billion for the V&A Waterfront Company. The Victoria & Alfred Waterfront in Cape Town is a mixed-use prime waterfront real estate development in... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum