The companies said to be involved in the purchase for R10 billion of one of the country’s most sought-after properties, the V&A Waterfront, have denied any involvement.
Yesterday the Mail & Guardian website reported that a consortium including property manager Growthpoint, banking giant Absa and the Public Investment Corporation had bought the tourist destination.
The site quoted two people who had apparently been briefed on the transaction. One of the two said: “The deal has been under discussion for ages, but it was signed off today (Friday)”.
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