V&A Waterfront's tenant base is anchored by tech, banking, retail hqs, hospitality, tourism.

  • Tier: trophy.
  • Tenant character: Mixed-use trophy waterfront.
  • Average rent: R240/sqm/mo · ≈ $14.4 PSF/yr USD.

V&A Waterfront, Cape Town tenant profile

V&A Waterfront's tenant base is anchored by tech, banking, retail hqs, hospitality, tourism.

TL;DR

  • Tier: trophy.
  • Tenant character: Mixed-use trophy waterfront.
  • Average rent: R240/sqm/mo · ≈ $14.4 PSF/yr USD.

Who clusters here

Tech, banking, retail HQs, hospitality, tourism.

What that means for newcomers

Newcomers to V&A Waterfront 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
submarketV&A Waterfront
tiertrophy
averageRentLocalR240/sqm/mo · ≈ $14.4 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct12.4%

Frequently asked questions

What kind of tenants lease in V&A Waterfront?
Tech, banking, retail HQs, hospitality, tourism.

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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