Chairperson, I hereby move without notice:
That the Council -
(1) notes that the V&A Waterfront has since been bought by Growthpoint Properties and the Public Investment Corporation, PIC, from UK-based London and Regional Properties and Dubai World;
2) acknowledges that the R9,7 billion deal will give state employees and pensioners a direct stake in the V&A Waterfront; and
3) takes this opportunity to congratulate all those involved in the procurement of this symbolic economic jewel back to South Africa.
Motion agreed to in accordance with section 65 of the Constitution.