The V&A Waterfront in Cape Town, South Africa, is generally considered a safe and secure area for tourists and visitors. The area has a significant security presence, with trained security personnel, CCTV cameras, and regular patrols to ensure the safety of visitors. However, like any tourist destination, it is always advisable to take precautions to minimize the risk of crime or theft.
Here are some safety tips to keep in mind when visiting the V&A Waterfront:
- Be aware of your surroundings and stay alert at all times, especially in crowded areas.
- Keep your valuables, such as cash, passports, and electronics, in a safe and secure place. Avoid carrying large amounts of cash or wearing expensive jewelry.
- Use official taxis or ride-hailing services, and avoid walking alone at night.
- Follow the safety guidelines provided by the local authorities and the V&A Waterfront security personnel.
By taking these basic safety precautions, you can enjoy all that the V&A Waterfront has to offer while minimizing any potential risks.
Who are the owners of the V and a Waterfront?
The V&A Waterfront is jointly owned by Growthpoint Properties Limited, a South African-based real estate investment trust, and the Public Investment Corporation (PIC), which is a South African government-owned entity responsible for managing public sector funds. The ownership structure of the V&A Waterfront is as follows: Growthpoint Properties owns 50% plus one share, while the PIC owns the remaining 50% minus one share.
Growthpoint Properties and the PIC acquired the V&A Waterfront in 2011 from Dubai World, a Dubai-based investment company. Since then, they have invested significant resources in the redevelopment and modernization of the area, transforming it into a thriving commercial and tourist hub that attracts millions of visitors each year.
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