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It was later purchased by the predecessor to the ABSA banking group and converted to offices, known as ABSA Centre. In 2019, the building was redeveloped as premium mixed-use residential and office space and renamed Foreshore Place .
The Mutual Building was the tallest building in Cape Town for 23 years, before it was overtaken by the Sanlam Centre (Naspers Centre) in 1962. [3] After it was completed in 1972 and overtook the Trust Bank Centre (ABSA Centre) which is now called (The Foreshore Place) after being turned into a residential building, 1 Thibault Square (BP Centre) was the tallest building in the city for the next ...
This is a list of suburbs in the City of Cape Town, South Africa, which includes the city of Cape Town, as well as its surrounding suburbs and exurbs. [1] Each section on this page separates a specific region of Cape Town, in alphabetical order. Within each region, there is a table, with its respective suburbs listed in alphabetical order.
Absa Group Limited, commonly known simply as Absa and formerly the Amalgamated Banks of South Africa (ABSA) until 2005 and Barclays Africa Group Limited until 2018, is a multinational banking and financial services conglomerate based in Johannesburg, South Africa and listed on the Johannesburg Stock Exchange.
Foreclosure by judicial sale, commonly called judicial foreclosure, involves the sale of the mortgaged property under the supervision of a court. The proceeds go first to satisfy the mortgage, then other lien holders, and finally the mortgagor/borrower if any proceeds are left.
Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers. [1]
ABSA Bank Ltd v Sweet and Others [1] is an important case in the law of contract in South Africa. It was heard in the Cape Provincial Division May 12, 1992, by Tebbutt J, who delivered judgment on June 19.
Cape Town's Southern Suburbs lie to the Southeast of the slopes of Table Mountain within rich valleys and vast plains reaching from just south of the Table Bay industrial neighbourhoods in the north to the False Bay coastal suburbs and the Cape Peninsula cliffs to the south, and are crossed North-South by the M3 and M5 freeways. In general ...