Which is the most prestigious Class A building in Cape Town?

The Spire is the most-cited trophy benchmark in the Cape Town market.

Cape Town's trophy roster is anchored by The Spire, Standard Bank Centre, FNB Portside.

The Spire — Foreshore, 2024.
Standard Bank Centre — CBD, 1986.
FNB Portside — Foreshore, 2014.
No. 1 Silo — V&A Waterfront, 2016.
The Towers Cape Town — Foreshore, 2019.

Cape Town notable Class A buildings

Cape Town's trophy roster is anchored by The Spire, Standard Bank Centre, FNB Portside.

TL;DR

The Spire — Foreshore, 2024.
Standard Bank Centre — CBD, 1986.
FNB Portside — Foreshore, 2014.
No. 1 Silo — V&A Waterfront, 2016.
The Towers Cape Town — Foreshore, 2019.

Trophy roster

**The Spire** (Foreshore), ~270k sqft, completed 2024. Major Foreshore trophy delivery. **Standard Bank Centre** (CBD), ~1080k sqft, completed 1986. Standard Bank's legacy CBD HQ tower. **FNB Portside** (Foreshore), ~540k sqft, completed 2014. First Rand HQ; tallest building in Cape Town and 6 Star Green Star. **No. 1 Silo** (V&A Waterfront), ~220k sqft, completed 2016. Repurposed grain silo trophy at the V&A Waterfront. **The Towers Cape Town** (Foreshore), ~320k sqft, completed 2019. Mixed-use trophy.

Key facts

city	Cape Town
country	South Africa
region	EMEA
classARentLocal	180 ZAR/sqft/yr
classARentUsd	$10/sqft/yr
vacancy	12.4%
typicalLeaseYears	5
typicalRentFreeMonths	5
submarkets	5
primeYieldPct	8.6%
trophyBuildings	5

Frequently asked questions

Which is the most prestigious Class A building in Cape Town?: The Spire is the most-cited trophy benchmark in the Cape Town market.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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