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Latest Western Cape Property News — 2026-02-26

Edition date: 26 Feb 2026. Sources: REI, IOL Cape Argus.

Abland breaks ground on premium Century City offices

Published: 9 Feb 2026. REI reports that Abland has started construction on Canal Plaza, a new premium-grade office development in Century City aimed at firms seeking higher-quality, flexible workspace in well-run business nodes. The project is positioned as a green-rated, modern office campus overlooking Intaka Island, with completion targeted for 2027. For the Western Cape commercial market, this signals renewed confidence in demand for best-in-class office space in established precincts with strong transport links and reliable infrastructure. If this momentum holds, Century City landlords and developers could see firmer leasing conditions in 2026, particularly for buildings that offer energy resilience, modern amenities, and an efficient employee commute. Read more: https://www.rei.co.za/blog-posts/abland-breaks-ground-on-premium-century-city-offices

Activists renew pressure on Tafelberg site social housing

Published: 15 Feb 2026. IOL’s Cape Argus reports renewed calls from housing activists for the Western Cape Government to release the Tafelberg site in Sea Point for social and affordable housing. The article highlights the one-year anniversary of the Constitutional Court hearing and points to ongoing public pressure to prioritise inclusionary housing in well-located areas rather than additional market-rate stock. For Cape Town’s residential market, the issue underscores how policy outcomes and land-release decisions can affect future supply in central nodes. If progress is made, the Tafelberg project could become an important benchmark for delivery of affordable stock within high-demand suburbs, with knock-on effects for prices, rentals, and broader spatial equity planning. Read more: https://iol.co.za/capeargus/news/2026-02-15-activists-demand-release-of-tafelberg-site-for-social-housing/

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