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Notes on the Geography of South Africa: V&A Waterfront: Photo 18

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Bits of several buildngs can be seen here, along with the Cape Wheel and the edge of the shopping center (and parking garage) that drive the enterprise. In 2006, the whole shebang was sold for 7.4 billion rand to a consortium of Dubai World and London & Regional Properties. They turned around and sold it in 2011 for 9.7 billion rand to Growthpoint, South Africa's largest property company, and the Public Investment Corporation, which manages the government's pension fund. On such a rock do teachers' retirements rest.

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