Web Ref ND187
Portside
Units (30)
Priced from R4,845
Size from 19m² to 2,094m²
Portside - Cape Town City Centre
Portside – Cape Town City Centre
Portside, also known as Portside Tower, is a prominent skyscraper located in Cape Town's Central Business District (CBD). Standing at 139 meters with 32 floors, it is the tallest building in Cape Town. Completed in 2014, Portside was the first significant skyscraper developed in the city's CBD in 15 years.
Location
Portside occupies a full city block, bordered by Buitengracht, Hans Strijdom, Bree, and Mechau Streets. This prime location offers panoramic views of Table Mountain and the Atlantic Ocean, while complementing the beauty of the Mother City.
Building Features
Office Space: Portside offers over 57,000 m² of rentable area, including easily accessible office spaces.
Sustainability: The building has been awarded a 5-star Green Star rating by the Green Building Council of South Africa, making it the tallest green building in the country.
Design: Designed by dhk Architects and Louis Karol Architects, Portside features a modern glass façade that integrates seamlessly with Cape Town's cityscape.
Ownership
The property is jointly owned by FirstRand Bank—which includes FNB, RMB, Wesbank, and Ashburton—and Accelerate Property Fund (APF). FirstRand occupies its share of the property, while APF leases office and retail space to tenants.
Recent Developments
As of January 2025, Accelerate Property Fund is negotiating to sell its stake in Portside Tower, valued at approximately R600 million, as part of efforts to reduce debt and alleviate financial pressure.
Portside, also known as Portside Tower, is a prominent skyscraper located in Cape Town's Central Business District (CBD). Standing at 139 meters with 32 floors, it is the tallest building in Cape Town. Completed in 2014, Portside was the first significant skyscraper developed in the city's CBD in 15 years.
Location
Portside occupies a full city block, bordered by Buitengracht, Hans Strijdom, Bree, and Mechau Streets. This prime location offers panoramic views of Table Mountain and the Atlantic Ocean, while complementing the beauty of the Mother City.
Building Features
Office Space: Portside offers over 57,000 m² of rentable area, including easily accessible office spaces.
Sustainability: The building has been awarded a 5-star Green Star rating by the Green Building Council of South Africa, making it the tallest green building in the country.
Design: Designed by dhk Architects and Louis Karol Architects, Portside features a modern glass façade that integrates seamlessly with Cape Town's cityscape.
Ownership
The property is jointly owned by FirstRand Bank—which includes FNB, RMB, Wesbank, and Ashburton—and Accelerate Property Fund (APF). FirstRand occupies its share of the property, while APF leases office and retail space to tenants.
Recent Developments
As of January 2025, Accelerate Property Fund is negotiating to sell its stake in Portside Tower, valued at approximately R600 million, as part of efforts to reduce debt and alleviate financial pressure.
