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Award-winning property developmentsNo. 1 Silo at the V&A Waterfront won the overall award in the Sapoa Innovative Excellence in Property Development Awards 2014 held in Cape Town.Germiston green property wins awardGrowthpoint won the first 5-star Green Star SA rating for integrated industrial and office development with its Grundfos development in Germiston. Rate cut brings relief for homeowners and a boost for buyers The South African Reserve Bank’s Monetary Policy Committee announced last week that interest rates had dropped by 0.25%, bringing the repo rate to 7.25% and the prime lending rate to 10.75%.