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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. Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.