PROPERTY: Cape Empowerment Eyes City Centre
Recent Western Cape Business News
Talk is that CAP – which now has some balance sheet capacity after selling parcels of shares in Grand Parade Investments (GPI) - is looking to acquire a central Cape Town property.
Any new forays into property will be keenly anticipated by CAP shareholders – especially since the sizeable Lion’s Hill development has effectively been put on the back-burner until property conditions improve in Cape Town.
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