CBD & Foreshore's tenant base is anchored by banking, professional services, tech, multinational hqs.

  • Tier: trophy.
  • Tenant character: Cape Town's trophy financial core.
  • Average rent: R220/sqm/mo · ≈ $13.2 PSF/yr USD.

CBD & Foreshore, Cape Town tenant profile

CBD & Foreshore's tenant base is anchored by banking, professional services, tech, multinational hqs.

TL;DR

  • Tier: trophy.
  • Tenant character: Cape Town's trophy financial core.
  • Average rent: R220/sqm/mo · ≈ $13.2 PSF/yr USD.

Who clusters here

Banking, professional services, tech, multinational HQs.

What that means for newcomers

Newcomers to CBD & Foreshore should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityCape Town
submarketCBD & Foreshore
tiertrophy
averageRentLocalR220/sqm/mo · ≈ $13.2 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What kind of tenants lease in CBD & Foreshore?
Banking, professional services, tech, multinational HQs.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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