Cape Town - Yesterday the Grand Old Lady of St Georges Mall in central Cape Town stood forlorn in the pedestrian walkway.
The only activity at 117 St Georges Mall was the removal of boxes and files as the building was slowly being emptied and operations moved either to parent company Nedcor's Foreshore head office or the V&A Waterfront.
In May Howard Holdings, an Irish company, announced that it had bought two city blocks in the mall for redevelopment into a luxury hotel and residential, commercial and retail space.
The branch of Cape of Good Hope Bank, located on the site where the original branch was opened 172 years ago, closed last year after the merger with Nedcor was announced.
After Cape of Good Hope surrendered its banking licence, the 11 retail branches were integrated with Nedbank while its commercial and property business was merged into Nedbank Corporate.