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Amdec unveils Cape Town Foreshore’s mixed-use The Yacht Club

The Amdec Group has recently unveiled its latest development, The Yacht Club. This R1.5 billion, mixed-use property includes 170 luxury residential apartments, 6 000 square meters of premium grade office space spanning two levels and, Africa‚Äôs first AC Hotel by Marriott. The group acquired the...


intu and Cale Street Investments announce 50/50 joint venture

intu Properties and Cale Street Investments LP have announced the establishment of a 50/50 joint venture for the intu Derby shopping centre. Cale Street, an investment firm backed by the Kuwait Investment Office in London, will acquire for cash the 50 per cent interest for consideration which...