Modernist design landmark evolves into iconic residential-hotel development.

“Recently, we’ve witnessed a noticeable shift in the nature of hotel development in South Africa and the manner in which such developments are funded and owned,” states Wayne Troughton, CEO of HTI Consulting, a specialist hospitality and real estate consulting firm.

In a research study commissioned by Tongaat Hulett and conducted by GIW Consulting (Pty) Ltd, director Graham Wood says following an analysis of STR Global's independent metrics of the Umhlanga Hotel market, several interesting conclusions arose.

A handpicked team of architectural, construction and design experts is ensuring that Cape Town’s eagerly anticipated Radisson Blu Hotel and Residence Cape Town is well on track to opening its splendid doors within a year.

Developers are fetching record prices in a number of new luxury apartment buildings in sought-after areas of Cape Town and Johannesburg.

The face and fortune of Cape Town’s lower CBD is set for a sea change with the development of a R1-billion first of its kind five star hotel and apartment block combo in one of the city’s architectural masterpieces.

Wednesday, 21 October 2009 02:00

Bay retail buildings fetch millions at auction

A public auction at the Radisson Blu Hotel saw top businessmen in Nelson Mandela Bay digging deep into their pockets to purchase four prime properties in the city on Tuesday.

Most Popular

Residential sectional title sales again on the rise

May 27, 2021
Andrew_Golding_Golding_PropertyGroup
Over the past 15 years, the sectional title market in South Africa has become entrenched…

Pick n Pay and Fortress co-invest in a super distribution centre development

May 26, 2021
Fortress_Pick_n_Pay
Fortress REIT announced that their biggest logistics development to date was signed with…

Ongoing property market uncertainty makes the right finance partner key to extracting value

May 26, 2021
Claire Denny
Results from the listed property sector in 2020 showed property values reducing by an…

Exemplar REITail declares final dividend of 49.07 cps and announces 100% distribution

May 25, 2021
Mall of Thembisa
Rural and township retail specialists, Exemplar REITail, have declared a final dividend…

East Rand Mall will soon deliver the first phase of its major taxi rank upgrade

May 26, 2021
Phase 1 upgrade to the taxi rank at EastRand Mall
The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg,…

Please publish modules in offcanvas position.