MAJOR NEW CAPE TOWN PRECINCT UNVEILED

SIGNATURA ANNOUNCES THE LAUNCH OF ITS FIRST RESIDENTIAL DEVELOPMENT IN CAPE TOWN’S NEW RIVERLANDS GROWTH NODE

Signatura, one of South Africa’s leading independent property developers, has
announced the upcoming launch of the first residential development in Riverlands, a
14-hectare, mixed-use precinct situated on the banks of the rehabilitated Liesbeek
River, less than 10 minutes from Cape Town’s CBD.

STATEMENT FROM RESIDENTIAL DEVELOPER, JOHN RABIE
“Signatura is thrilled to announce the launch of a major new residential development
within the Riverlands mixed-use precinct,” said John Rabie,
founder and chairman of Signatura, and co-founder of the Rabie Property Group.

“The 14-hectare site, on the banks of the rehabilitated Liesbeek River, will
incorporate the headquarters of a major US corporation where over six thousand
people will be employed, a new shopping centre anchored by a premium

supermarket, riverside restaurants and coffee shops, a two-hectare Eco Park, and a
First Nations Heritage Centre to celebrate the culture of the Khoi and San people.

“There is absolutely no doubt that this is the most important mega-development
Cape Town has seen in decades. Riverlands is going to be a world-class precinct
and a major new attraction in the Cape Town area. It will fundamentally enhance the
urban landscape of the Mother City,” Rabie added.

SUNBIRD: THE FIRST RESIDENTIAL PROJECT IN RIVERLANDS

Signatura’s first residential development in Riverlands is Sunbird, a majestic eight-
storey, twin-towered building designed by the award-winning Vivid Architects.
Named after one of the iconic birds that will inhabit the indigenous landscaping of
Riverlands, Sunbird will offer residents a lifestyle of superb convenience and quality,
and investors a high-earning real estate asset with compelling capital growth
potential.

When complete, Sunbird will consist of 270 studio, one-bedroom and two-bedroom
apartments, each with a balcony or terrace, many of which will command magnificent
views of Devil’s Peak, Lion’s Head, Table Bay or the Hottentots Holland Mountains.

Studio apartments will average 33m² in size and start at R1,4 million; one-bedroom
apartments will average 47m² and start from R2,1 million; while two-bedroom
apartments averaging 65m² will be priced from R2,8 million.

Residents will enjoy access to an expansive landscaped sun deck with swimming
pool, a well-equipped gym and a laundry. A generator will power the entire building
through load-shedding. A manned reception desk and 24-hour security presence
throughout the Riverlands precinct will be in place to ensure residents’ peace of
mind, while connectivity will be provided in the form of pre-installed, high-speed WiFi
by Bunny Digital.

SIGNIFICANT INVESTMENT RETURNS EXPECTED

“Given its exceptional location, the on-site work opportunities and the fantastic
amenities in this world-class precinct, early investors in Riverlands are virtually
assured a significant return on their rental properties,” said Rabie, “especially if they
take advantage of the Airbnb-friendly, short-term letting allowed in Sunbird by
approved operators, and the Section 13sex tax incentives for purchasers of five or
more units.

“Strong long-term rental demand is also to be expected from tenants attracted by the
exceptional lifestyle advantages of this pristine new area, many of whom will be
working in the precinct. And there are excellent capital growth prospects as the node
matures, and as the semigration dynamic continues to underpin increasing demand
for well-located real estate in well-run municipalities.

“Early news of the launch has elicited an unprecedented response from our
subscriber database, and we expect brisk sales at our launch later this year,” he
concluded.

For news on pricing, floor plans and an invitation to the launch event, potential
purchasers are encouraged to register their interest in the development on the
website, www.riverlands.capetown

Sales enquires should be directed to Michael McElhone of Signatura on 064 756
4960 or michael@signatura.biz

RIVERLANDS FACT SHEET

Riverlands is a 14-hectare mixed-use precinct centrally located in relation to the
greater Cape Town metropole, with easy access to both the N1 and N2 highways.

The extension of Berkley Road to Liesbeek Parkway, via a new bridge over the
Black River, will link this exciting New Urban precinct directly to the M5. Coupled with
the widening and upgrading of the Liesbeek Parkway, this important new east-west
traffic route will ensure convenient access to Riverlands from the city’s CBD, the
V&A Waterfront, the Southern, Northern and Atlantic Seaboard suburbs, Century
City, and the Cape Town International Airport. The precinct will be serviced by the
My Citi bus service, and is in close proximity to the Observatory train station.

The Riverlands project will ultimately comprise 150 000m² of development bulk
spread across offices (±105 000m²), retail (± 15 000m²) and residential (± 30 000m²)
components. Phase One of the development has seen the construction of the
headquarters of a major international corporation in a campus of impressive office
buildings. Another 15,000m² of additional offices for other commercial tenants are
now under construction.

PREMIUM CONVENIENCE SHOPPING EXPERIENCE

Riverlands will include a niche retail centre of approximately 12,000m². The concept
behind Riverlands Mall is to offer a lifestyle convenience shopping experience that
encompasses a premium South African supermarket brand combined with a curation
of restaurants, coffee shops, specialist stores and convenience shopping – all within
a cutting-edge design idiom. Many of the eateries will spill out onto a deck
overlooking the river or onto a tree-lined public square.

Construction has already commenced and these phases are due for completion at
the end of 2024. The first residential building has been planned and is being
prepared to commence selling in November 2023.

RESTORATION OF THE LIESBEEK RIVER

Great emphasis is being placed on restoring the natural environment. The concrete
walls of the Liesbeek canal are being removed to recreate a natural riverine
ecosystem. This entails the planting of specific indigenous vegetation that will
improve the ecological environment and create a habitat for the return of endemic
fauna to the site, including the endemic Western leopard toad and indigenous fish
species. The precinct will ultimately comprise 65% open landscaped spaces,
including a 2-hectare Eco Park, and running and cycling paths of approximately 6
kilometres around the perimeter and through the precinct.

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