Transnet to convert, not sell, Carlton Centre

After bid to sell iconic 50-storey tower fell flat, again, plans are afoot to transform hotel into affordable housing units, lease 3,000m² to Shoprite

08 September 2024 - 00:00

Transnet has again abandoned the sale of Joburg CBD’s iconic landmark, the Carlton Centre, after bidders could not produce funds to back their bids for the tower of 50 floors, which the ports and rail operator was selling for R900m...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.