There is a new resident on the Cape Town skyline: Harbour Arch.
Absa Bank has partnered with Amdec Group, South Africa’s leading developer of new urban precincts, to develop the first tower of the multi-billion rand Harbour Arch project on the Foreshore in Cape Town.
PSG Alpha Investments, a subsidiary of the JSE-listed PSG Group, has acquired a 50% stake in Evergreen Lifestyle, South Africa’s pre-eminent provider of retirement living and a division of the Amdec Group.
Global hotel operator Marriott International is set to open its first hotel in SA in the up market Melrose Arch precinct.
Amdec develops five new hotel properties for Marriott International in Cape Town and Johannesburg, South Africa.
Leading private property company Amdec has set its sights on tripling the number of green buildings in its property portfolio over the next two years.
Liberty Group Limited, a wholly-owned division of Liberty Holdings Limited, today announced the acquisition of a 25% undivided share in the yield producing assets of the Melrose Arch Precinct, from Melrose Arch Investment Holdings ("MAIH").
Cape property entrepreneur Stuart Chait has sold his interests in trendy Jo’burg work, live, play and shop precinct Melrose Arch to co-owner Amdec in a lucrative deal.

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