Office Space to Rent Portside Towers
R185 per m²
4 Bree Street, Cape Town CBD
Units available to let:
Premium Grade office space to rent in the Portside Building. Open plan office space, with an allowance to refit the office space. Situated in a prime location and comprising a full city block, bordered by Buitengracht, Hans Strijdom, Bree and Mechau Streets, the development capitalizes on the magnificent panoramas of Table Mountain and the Atlantic Ocean, while complementing the beauty of the Mother City. Green Star rated building. Portside embodies the energy of a rapidly evolving city, already a landmark in Cape Town’s CBD set against the spectacular backdrop of Table Mountain. A joint initiative between Old Mutual and FirstRand Bank, this R1.6bn project represents a substantial investment in the Western Cape. The development is strategically situated in the emerging financial district in the north-west corner of the CBD, located on a key intersection and comprising a full city block. Portside houses the provincial headquarters for three divisions of First Rand Bank; First National Bank, Rand Merchant Bank and Wesbank and the asset management arm Ashburton. The remaining AAA grade office space is being leased. The Cape Town CBD comprises a few unique nodes where we have listed the best commercial properties to rent.
Portside is a 139-metre-tall building in Cape Town, South Africa. Completed in 2014, it is the city’s tallest building and at the time of completion, was Cape Town’s first significant skyscraper developed in the central business district (CBD) in 15 years. The building was designed to use low energy technology throughout and is the first large building in South Africa to use almost exclusively LED lighting. The building has been awarded a five star Green Star rating from the Green Building Council of South Africa as compliant technologies have been specified throughout. Portside embodies the energy of a rapidly evolving city, already a landmark in Cape Town’s CBD set against the spectacular backdrop of Table Mountain. A joint initiative between Old Mutual and FirstRand Bank, the project represents a substantial investment in the Western Cape. The development is strategically situated in the emerging financial district in the north-west corner of the CBD, a key intersection. The respective corporate owners required two clear addresses which resulted in separate entrances on opposite sides of the building, each with its own plaza – Old Mutual’s on Bree Street, and FirstRand’s on Buitengracht Street with vehicular entrance from Mechau Street. The transparency of the building’s double-glazed facade and its strong verticality gives a crystalline slenderness to its mass as well as capitalising on panoramic views. Intended as an urban marker, the building responds to its context and its visual impact was carefully considered at immediate, middle and distant scales. A vibrant mix of cafes and restaurants occupy the ground floor of the building revitalising street life in the area.
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