Background

• Owned by Growthpoint Properties Ltd the largest property investment company in South Africa.
• Over 100,000m2 of commercial space (Grade A)
• 10 hotels with over 1,450 rooms

Services Provided

• Feasibility, Operator Selection, Lease Negotiation, Asset Management, Investment Appraisal

Countries

• South Africa

Landmark Deal

• HTI Consulting undertook operator selection for the new hotel on a lease and management contract basis.
• Four international brands were preselected and then evaluated.
• HTI Consulting negotiated with selected operators through to final signing with Rezidor.

Rooms

• 252, Upscale select service

Current Status

• Under construction, Opening scheduled for 2017

Key Facts

• 1 Restaurant
• 1 Bar
• Lounge