Growthpoint Properties Powers Cape Winelands Airport Precinct Vision, Setting A New Benchmark For Aviation, Logistics, And Inclusive Economic Growth In South Africa

Published on October 17, 2025

Growthpoint Properties, South Africa’s starring Real Estate Investment Trust (REIT), has announced a strategical finance successful nan Cape Winelands Airport precinct, mounting nan shape for a transformative improvement that combines aviation, logistics, commercial, and hospitality infrastructure. The task represents a landmark opportunity to thrust location economical maturation while advancing sustainable improvement successful nan Western Cape.

The Cape Winelands Airport will beryllium built connected nan tract of nan erstwhile Fisantekraal airfield, pinch plans to create an integrated precinct that supports aviation operations, commerce, tourism, and logistics. Growthpoint, which manages assets exceeding R155 cardinal crossed retail, office, and logistics sectors and co-owns nan V&A Waterfront successful Cape Town, brings extended acquisition successful processing large-scale, mixed-use precincts pinch a attraction connected tourism and economical inclusion.

As portion of nan partnership, Growthpoint will oversee spot and plus guidance crossed nan precinct’s 450-hectare commercial, hospitality, and logistics areas. The institution besides holds nan correct of first refusal to co-invest successful early developments. In addition, Growthpoint will supervise contractors to guarantee adherence to champion practices successful governance, financial management, sustainability, and societal impact.

Driving Regional Economic Transformation

The improvement of Cape Winelands Airport is group to found a world-class aviation hub that strengthens trade, tourism, and location connectivity. By integrating commercial, logistics, and hospitality elements, nan precinct is designed to create a commercially viable and socially inclusive improvement that meets increasing request for aviation services while supporting broader economical growth.

Strategic infrastructure developments of this standard are recognized for their expertise to stimulate section economies. Properly executed projects create employment opportunities, foster entrepreneurship, and heighten nan value of life successful surrounding communities. The Cape Winelands Airport precinct is intended not only arsenic a carrier hub but besides arsenic a catalyst for semipermanent location improvement and investment.

Economic Impact and Employment Opportunities

The airdrome precinct is projected to make astir 35,000 nonstop and indirect jobs during its first phases, pinch imaginable to support complete 100,000 jobs crossed nan first 2 decades of operation. Initial finance successful nan task is estimated astatine R8 billion, covering nan building of runways, terminal buildings, and nan surrounding 450-hectare developable estate.

Growthpoint’s engagement aligns pinch its strategy of investing successful high-performing spot sectors, including modern logistics, commercialized precincts, and tourism-led developments successful Cape Town. Sustainability is cardinal to nan project, which will incorporated renewable energy, h2o recycling systems, and different environmentally responsible solutions. The precinct is guided by a beardown environmental, social, and governance (ESG) model to guarantee responsible and lasting outcomes.

A Model for Sustainable and Inclusive Development

The Cape Winelands Airport precinct is designed to present much than aviation infrastructure. Its integrated attack focuses connected inclusive economical growth, endeavor development, and sustainable design. The task is envisioned arsenic a semipermanent level for creating economic, social, and biology worth successful nan Western Cape, serving arsenic a blueprint for early precinct developments successful South Africa.

Phased Construction and Timeline

Pending biology approvals, building is expected to statesman successful early 2026. Initial phases will prioritize runway and information infrastructure, followed by terminal facilities, cargo areas, and business precincts. The airdrome intends to unfastened by 2028, pinch capacity for complete 5 cardinal passengers annually by 2050. The afloat precinct will beryllium rolled retired complete much than 2 decades to accommodate evolving location maturation and infrastructure needs.

Strengthening Western Cape’s Aviation and Investment Landscape

Once operational, Cape Winelands Airport will usability arsenic a 2nd awesome aviation gateway for nan Western Cape, easing congestion astatine existing airports, lowering operational costs and emissions, and enhancing tourism and waste and acquisition opportunities. The precinct is expected to pull business, hospitality, and finance activities, supporting Cape Town’s northward description and providing nan infrastructure needed for sustainable metropolis growth.

The airdrome precinct will besides service arsenic a strategical finance corridor on nan Cape Winelands region, attracting commercialized developments and backstage investment. With organization backing and master management, nan task is positioned arsenic a semipermanent driver of innovation, economical progress, and sustainable finance successful nan province.