Real Estate Investor Magazine South Africa April 2018 - 100th Issue! | Page 41

COMMERCIAL
42
The current
drought has
left many locals wary of
investing in Cape Town.
Despite this, the city’s
hospitality industry is
making great strides. We
explore some of the latest
projects to launch in the
mother city.
44
When we look
at innovation
and growth in property,
it’s essential to look at
the ways in which the
private and public sectors
can work together. We
find out more about
this partnership from an
industry leader.
ENGELBERT BINEDELL
Industrial Division Director for
Growthpoint Properties
The East Rand, especially its established
industrial areas with good access to ma-
jor roads, has proven to be of specific
interest to businesses in the current
market, and we expect this to remain
the case in 2018
DAVID GREEN
CEO of V&A Waterfront
NORMAN RAAD
CEO of Broll Auctions and Sales
Last year the market conditions were
tough as both the financial institutions
and buyers were uncertain of South
Africa’s future, however this year, there
seems to be a positive sentiment and
buyers are finding their way back to
market.
Sustainability underpins our entire de-
velopment strategy and lies at the heart
of everything we do. As a business we
are pragmatic and commercial, but it is
also our responsibility to ensure that the
legacy we build today does not negative-
ly impact on the future.
SA Real Estate Investor Magazine APRIL/MAY 2018
39