Lucid Ventures, the R350M Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market.

The Atlantic Seaboard has for many years been regarded as one of the most desirable residential addresses in South Africa, with skyrocketing prices and consistent double digit returns firmly positioning the upper end of the market in the prestigious luxury home category, increasingly peppered with trophy homes.

An entire block of a Sea Point retail space will be dedicated to a new, seven-day food and product market in the ever-evolving Regent Road.

The Urban heart of the Atlantic seaside is on a major comeback, and a sustainable one at that.

Tuesday, 02 October 2001 03:01

Sale - leaseback for Don group

CAPE TOWN Don Group directors Marc Wainer and Sidney Ellerine have come to the aid of the cash-strapped suite hotel group by buying and leasing back to it six properties via a vehicle called Ellwain Investments.

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