The economy of the Cape Town 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 at least 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 (SCCR), published by the Cape Town Central City Improvement District (CCID).
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