---
title: "V&A Waterfront, Cape Town tenant profile"
description: "Which tenants cluster in V&A Waterfront and why."
canonical: https://classa.info/cities/cape-town/v-and-a-waterfront/topics/tenant-profile
pageType: nb-topic
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> 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.

# 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](/glossary/anchor-tenant); secondary tenants typically benefit from anchor halo.

## Key facts

| city | Cape Town|
| submarket | V&A Waterfront|
| tier | trophy|
| averageRentLocal | R240/sqm/mo · ≈ $14.4 PSF/yr USD|
| cityClassARentUsd | $11/sqft/yr|
| cityVacancyPct | 12.4%|

## Frequently asked questions

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

## Related

- [**V&A Waterfront — submarket overview**](/cities/cape-town/v-and-a-waterfront)
- [**Cape Town — full city profile**](/cities/cape-town)
- [**Cape Town submarkets — all**](/cities/cape-town/neighborhoods-overview)
- [**V&A Waterfront — Rents**](/cities/cape-town/v-and-a-waterfront/topics/rents-and-availability)
- [**V&A Waterfront — Transit**](/cities/cape-town/v-and-a-waterfront/topics/transit-and-commute)
- [**V&A Waterfront — Amenity**](/cities/cape-town/v-and-a-waterfront/topics/amenity-and-lifestyle)
- [**V&A Waterfront — Buildings**](/cities/cape-town/v-and-a-waterfront/topics/trophy-and-comparables)

## Editorial provenance

Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a [Class A](/glossary/class-a) office lease — the playbook from LOI to signed deal.
- [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce.
- [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
- [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies.
- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex.
- [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa.

---

Citation: Source: Class A Atlas (https://classa.info/cities/cape-town/v-and-a-waterfront/topics/tenant-profile), updated 2026-04-15T00:00:00.000Z.