Attacq Limited and Rabie Property Group have announced a R750 million investment to develop the new Waterfall City Conference Centre and Hotel.
“Century City has shown what is possible when conferencing and hospitality form part of a carefully planned mixed-use precinct. It becomes an economic engine for the node, not just a venue. Partnering with Attacq in Waterfall City allows us to take that proven model and apply it in a precinct that’s already built for scale, security, and long-horizon growth’’ says Leon Cohen, Group Chairman Rabie Property Group
The Waterfall City Conference Centre and Hotel will have capacity to accommodate up to 1 350 delegates in a single venue and 2 000 across 16 flexible spaces, complemented by open-air venues for outdoor events. The adjoining hotel will feature 180 rooms and apartments, an all-day dining restaurant, wellness facilities including a gym and spa, a swimming pool, and private dining spaces.
The asset will be operated by the team that has managed the Century City Conference Centre and Hotels for the past 10 years. This expansion introduces African Rain Collection – a new hospitality portfolio to oversee conference and hospitality assets in Cape Town and Johannesburg – with the Waterfall City Conference Centre and Hotel as its first major development.
“This R750 million development is an example of how we continue to unlock long-term value within the Waterfall City precinct through strategic capital allocation and solid partnerships. As a business, Attacq remains focused on disciplined growth and on investing in assets that strengthen the precinct’s position as South Africa’s most connected, future-fit mixed-use destination. The precinct has consistently proven its ability to attract leading businesses, drive economic activity and deliver exceptional experiences – and this new Waterfall City Conference Centre and Hotel development is a natural next step in that journey,” says Jackie van Niekerk, CEO of Attacq.
Waterfall City Conference Centre and Hotel is set to be fully operational by January 2028.
