The Property Development Department facilitates the release and development of a select portfolio of surplus, high-impact municipal properties to private investors.

What we do

The Property Development Department facilitates the release and development of a select portfolio of surplus, high-impact municipal properties to private investors.

We include

We focus on the entire property development value chain – from the pre-development to post-development stages. Our primary goal is to identify and implement impactful property development projects that utilise surplus municipal property assets. These projects are aligned with our strategic objectives and aim to address socio-economic needs.

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Investors receive ongoing support through all project phases, with progress closely monitored to ensure successful completion. The department, with support from technical services within the Economic Growth Directorate, collaborates with internal departments to align projects with broader City strategies and enhance project visibility.

Strategic facilitation of property transactions

We collaborate with various internal departments to identify, package, market, and transact on a portfolio of surplus high-impact municipal properties. We also engage directly with investors to facilitate seamless transaction processes. We lead and consult with various external professional teams to assist with the packaging and disposal of the properties in our portfolio.

You may want to

• Find out more about the auction of Good Hope Centre
• Read the Immovable Property Asset Management Policy, 2015
• Read the Municipal Asset Transfer Regulations (R 878 of 2008)
• Read the Policy on the Management of certain of the City of Cape Town’s Immovable Property, 2010

Department highlights

Contact us

Property Development

Email:
property.development@capetown.gov.za

Physical address:

Desmond and Leah Tutu House
Second Floor
36 Harrington Street
Cape Town